Larry David, the comedian, was incredibly self-deprecating when asked about his infamous Super Bowl ad for Sam Bankman Fried’s cryptocurrency exchange FTX. The exchange collapsed just months after it aired.

“I asked friends who knew a lot about this, should I run this ad?” In an interview with the Associated Press this week, he said. “They said ‘Yes, this is on the up’ and up’,… “I did it like a fool.”

David played characters in the commercial who ridiculed various inventions throughout history.

As the commercial starts, he is told “I call it a wheel.” David responds, “Eh… I don’t believe so.” David then makes fun of the fork and coffee, before mentioning Bankman-Fried’s crypto exchange.

A character tells him: “Like I said, it’s FTX.” It’s an easy and safe way to enter crypto.” David replies: “Eh? I don’t believe so. I never get it wrong.” Never.”

The screen then displays the words “DON’T ARE LIKE LARRY”.

The sarcastic David had a point. FTX collapsed spectacularly a few months later. Bankman-Fried, convicted of stealing billions from customers in November 2023, was convicted of stealing millions of dollars.

FTX users could not withdraw money as the company was in financial trouble. The bankruptcy filing, nine days after a CoinDesk scoop, triggered a chain of events that further frozen funds.

Read more: Ian Allison’s Giant Sam Bankman Fried Scoop Received Accolades in the Year 2023

The FTX bankruptcy estate is expected to repay all customers.

David’s future is uncertain. He told the AP that a large portion of his salary was invested in cryptocurrency, and he lost a great deal of money.

Aoyon A. Ashraf is the editor.