Crypto Ads Sat On Super Bowl Sidelines After FTX Collapse

  • Those who track Super Bowl ads said none for crypto was set to air on this year’s Super Bowl, as the industry tries to rebound from the FTX collapse.
  • Crypto companies have “zero representation,” said Mark Evans, executive vice president of ad sales for Fox Sports. which is carrying the game.
  • FTX was one of the biggest advertisers in last year’s Super Bowl, but in November FTX went into bankruptcy and wiped out billions of dollars worth of investors’ money.
  • Founder Sam Bankman-Fried is facing several federal charges in connection with allegedly defrauding investors.
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