Jamie Loftus

like touchstone of this is that it has led to a class action lawsuit against Larry David, Shaquille O'Neal, Tom Brady, and a number of celebrities who were all in a, a Superbowl ad for FTX.

Yeah.

So the, the, the lawsuit is basically advertised.

This was a high dollar Ponzi scheme.

And you guys were using your name recognition to sell unregistered securities, which they were, uh,

Which they were.

Which they definitely were.

I told Sophie that.

It was a-

What a what a king.

Probably not.

I'm sure there's horrible things about Shaq that have come out.

That seems almost unavoidable.

Anyway, Sam Bankman Freed is the guy behind this gigantic financial crime that is still unraveling as we do this episode.

And I want to talk about less about what happened on the exchange, because none of us want to talk about how somebody carries out the nuts and bolts of a cryptocurrency scam.

I

I want to talk about the social elements of the scam.

I want to talk about how he conned the media, how he conned celebrities and how he conned regulators.

And I just want to talk about also the way some of these people talked and wrote about him, because there's a lot about him.

I don't know, a week or so ago, we did an episode on The Daily Show We Do What Could Happen Here about ethical altruism, which is, in brief, a theory that, like, instead of trying to help people just because they need help, you should only help people after you consider the way to help people that is, like, the absolute most beneficial way for, like, the least amount of, you know, effort.