No cryptocurrency ads at the Super Bowl!

During Super Bowl LVII, no cryptocurrency ads will be seen due to the collapse of FTX earlier in 2022, according to a report filed by FOX, the Daily Mail also reports.

That will make a change from last year, when no fewer than four companies flooded the broadcast with “spots” featuring Tom Brady, Larry David and LeBron James.

In addition, the advertising space for the duel of titans between the Kansas City Chiefs and the Philadelphia Eagles was sold out, despite the absence of FTX and others.

Super Bowl LVII won’t have ANY crypto ads following FTX’s collapse https://t.co/kU6uFg4atA

— Daily Mail US (@DailyMail) February 7, 2023

Remember that during last year’s Super Bowl, which was dubbed the Crypto Bowl because of all the space it took up, FTX, Coinbase, Crypto.com and eToro held several spots, including sports stars, to charm the general public.

In the case of FTX, the company filed for bankruptcy and its founder Sam Bankman-Fried was indicted for allegedly making a plan to defraud his investors, including Tom Brady. Brady has been named in a class action lawsuit regarding the bankruptcy of this company.

Note that this year, during the broadcast of Super Bowl LVII, four crypto-currency companies had booked advertisements, but the contracts will not be concluded because of the status of FTX.

Commercials that are, by the way, sold for between $6 and $7 million for a 30-second spot. It pays for the companies that advertise during the Super Bowl show since it attracts more than 100 million viewers each year.