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Jimmy Fallon, Gwyneth Paltrow, Madonna, other celebs sued over NFT promotion
NY Post ^ | December 11, 2022 | Ben Kesslen

Posted on 12/11/2022 4:04:36 PM PST by BenLurkin

The group of plaintiffs claim that the A-listers peddled the non-fungible tokens — which have plummeted in value in the last year — without disclosing their investment in the company behind them, Yuga Labs.

Other celebs named in the suit include: Justin Bieber, Kevin Hart, Stephen Curry, Serena Williams and her husband Reddit CEO Alexis Ohanian, Snoop Dogg, The Weeknd, and DJ Khaled. Adidas and Jimmy Fallon’s production company Election Hot Dog are also named as defendants.

The suit claims that talent manager Guy Oseary was behind most of the promotions, recruiting famous people in exchange for payment through a crypto firm, Moonpay, in which he had also invested. This also helped Moonpay rake in cash, according to the complaint.

Fallon did a segment on NFTs on NBC’s “The Tonight Show” in November 2021, telling viewers he got his first Bored Ape Yacht Club NFT through Moonpay — without saying he had a stake in Moonpay, the suit alleges.

The talk show host and NBC didn’t tell the audience that “this purportedly organic segment on the Tonight Show was in reality a paid advertisement for the BAYC collection of NFTs and MoonPay,” the complaint states.

(Excerpt) Read more at nypost.com ...


TOPICS: TV/Movies
KEYWORDS: gwynethpaltrow; jimmyfallon; madonna; nft
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1 posted on 12/11/2022 4:04:36 PM PST by BenLurkin
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To: BenLurkin

I get all my investment advice from The Weeknd…


2 posted on 12/11/2022 4:09:52 PM PST by EEGator
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To: BenLurkin

I never had a single molecule of understanding what the deal was with NFTs. Never saw the slightest value in them, and they were peddled like a scam from the beginning.


3 posted on 12/11/2022 4:10:47 PM PST by Attention Surplus Disorder (Apoplectic is where we want them)
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To: BenLurkin

Haha good, sue those grifting leftists.


4 posted on 12/11/2022 4:19:28 PM PST by jimwatx
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To: BenLurkin

‘Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280

https://www.coindesk.com/business/2022/04/13/jack-dorseys-first-tweet-nft-went-on-sale-for-48m-it-ended-with-a-top-bid-of-just-280/

5 posted on 12/11/2022 4:24:29 PM PST by LeoTDB69
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To: Attention Surplus Disorder
NFT is just modern day tulips, and those that invested in it should lose money.


6 posted on 12/11/2022 4:30:12 PM PST by EEGator
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To: Attention Surplus Disorder

It’s basically a digital equivalent of a painting. I just couldn’t figure out how something that you can just cut and paste could hold its value.


7 posted on 12/11/2022 4:32:49 PM PST by Jonty30 (You can't spell liberal without the a-hole. )
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To: BenLurkin
I get all my investment advice from celebrities. Doesn’t everybody?
Fortunately for me, the celebrity I trust most is Triumph the Insult Dog. And Triumph never recommended an NTF.


8 posted on 12/11/2022 4:41:44 PM PST by Leaning Right (The steal is real.)
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To: Attention Surplus Disorder

For me, the value seemed in line with that of Dutch tulips in the 1600s.


9 posted on 12/11/2022 4:50:00 PM PST by FreedomPoster (Islam delenda est)
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To: EEGator

You beat me to it.


10 posted on 12/11/2022 4:50:27 PM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster

Only by a bit.

Same insanity...


11 posted on 12/11/2022 5:01:35 PM PST by EEGator
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To: BenLurkin

money is what they worship. Suing them is the only way to adjust their behavior.


12 posted on 12/11/2022 5:03:45 PM PST by imabadboy99
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To: BenLurkin

Crypto is a money laundering fraud, period. The entire industry…

NFT’s are just beyond idiotic


13 posted on 12/11/2022 5:06:01 PM PST by HamiltonJay
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To: EEGator

My mother, God rest her always used to say “God put stupid people on the Earth as a lesson for the rest of us’’.


14 posted on 12/11/2022 5:10:23 PM PST by jmacusa (Liberals. Too stupid to be idiots. )
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To: jmacusa

She was right. :)


15 posted on 12/11/2022 5:12:46 PM PST by EEGator
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To: BenLurkin

When I asked the kids what is an NFT, it is as about as head scratching as crypto.


16 posted on 12/11/2022 5:33:44 PM PST by C19fan
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To: BenLurkin

Hollywood Halfwits. Of course, they were told what not to do. But their egos are Titanic and they think that people wouldn’t screw them over.


17 posted on 12/11/2022 5:51:29 PM PST by Kaiser8408a (z)
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To: BenLurkin

Similarly, I think Tom Brady was targeted by FXT, and his financial loss was the reason for him going back to work, and the divorce was probably to protect Giselle and the kids from any more financial loss. I don’t think the cabal behind the attempt to destroy him will stop soon. He represents what they get maniacal about.


18 posted on 12/11/2022 5:54:27 PM PST by GreatRoad ('In a time of universal deceit, telling the truth is a revolutionary act' )
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To: FreedomPoster

At least in theory the tulips were tangible.


19 posted on 12/11/2022 6:15:21 PM PST by LukeL
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To: FreedomPoster

At least in theory the tulips were tangible.


20 posted on 12/11/2022 6:15:21 PM PST by LukeL
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