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Crypto.com lays off 260 employees, everyone blames Matt Damon

Now that news has broken of some significant downsizing hitting a prominent cryptocurrency exchange website some people online are putting the blame squarely on its biggest spokesperson Matt Damon.

Of course the flurry of commentary commencing on Twitter Monday surrounding the Good Will Hunting star is mostly tonguein cheek though it was all spurred from the genuine current event that Crypto is set to lay off 260 employees as Business Insider reported. According to the article this is part of a larger downsizing wave hitting crypto exchanges.

Damon was famously a spokesperson for the website in a high lypublicized commercial which you may have seen playing at movie theaters beginning fall of last year encouraging investors that fortune favors the brave. You can check out the video for yourself below.

One Twitter user quickly made a metaphorical connection between the rate at which crypto prices are currently plummeting and the speed at which Matthew Mc Conaughey slid down a glacier on an icy planet after being pushed off of a cliff by Damons character in Interstellar.One writer laid out exactly how much Bitcoin has become devalued today compared to when the commercial first aired which is quite a bit.

On the other hand Aaron Levie ⏤ who according to his biography is the CEO of cloudbased software company Box ⏤ wasnt so quick to lay the blame on Damon.
With Damon and other celebrities already having a wealth of money to fall back on one Twitter user questioned why they chose to endorse such a volatile investment in the first place seemingly pitching it to the common man.

Well keep our eye on the crypto situation in the future especially how the topic intersects with celebrities. In the meantime lets all pray that we never again have to be inundated with a bizarre ad about a niche financial product the next time we go to see a movie.

About Nabeel Haider

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