2021/10/07

Don’t Trust Celebrity Crypto Shills, Experts Warn

“The Hollywoodization of crypto is a moral disaster. And for celebrities’ fans, who likely have far less money to lose, it’s potentially a financial one, too.”
– Writers Ben McKenzie and Jacob Silverman, on film and sport stars shilling cryptocurrencies—for money. Parsing the Kardashian Ethereum Max pump-and-dump scheme, the two issue a stern warning: “Crypto and blockchain technology may yet have important roles to play, but the industry executives, venture capitalists, and, yes, the rich and famous people pushing these products haven’t earned your trust—or your money.”
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