As one of the largest crises in the cryptocurrency sector, caused by the collapse of the crypto trading platform FTX, continues to affect most of its assets, it has captured the attention of the media and podcasters, including Joe Rogan, who gave his own two cents on the matter.
Specifically, Joe Rogan, the host of the Joe Rogan Experience and the Ultimate Fighter Championship (UFC) commentator, discussed the recent crisis in the crypto market with comedian and fellow podcaster Yannis Pappas in a video published on his YouTube channel on November 16.
The two commented on a large number of celebrities and organizations previously endorsing FTX and its CEO Sam Bankman-Fried, only to pull back after the scandal became public, which Pappas thought was massively negligent.
Endorsements without due diligence
Replying to Rogan’s view that it was difficult to know, Pappas expressed astonishment at the fact that all these supporters weren’t aware of what was truly happening at the crypto exchange, using some very scathing words to criticize their negligence:
“Well, I knew, I always questioned it, and I knew, so how come they didn’t know? Maybe if they turned off their greedy [expletive] hat for one second and asked some [expletive] questions about what’s actually going on, they would have known.”
Rogan acknowledged that this situation was indeed odd, stressing that:
“It’s definitely slippery. There’s something very weird about it.”
