Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Celebs slammed by City boss for pushing crypto onto public
Evening Standard
|May 26, 2022
A TOP City boss today criticised the celebrities that have been promoting cryptocurrencies to ordinary folk and admitted the lockdown-inspired share trading boom is over.
Andy Bell, founder and chief executive of leading investment platform AJ Bell, said Hollywood actors should not be giving investment advice.
Gwyneth Paltrow, Reese Witherspoon and footballers John Terry and Paul Pogba have all lately been endorsing crypto investment. Matt Damon told viewers that "fortune favours the brave" in an ad for crypto.com.
Analysis shows that those who followed the advice of the celebrities have lost half their money.
The crypto market has soared in popularity with 2.3 million Britons taking punts. Lately, the coins have crashed with $200 billion wiped off their value in a single day last week. Bitcoin, the best known, has halved in six months.
This story is from the May 26, 2022 edition of Evening Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Evening Standard
The London Standard
Hidden London
SECRET SPOTS YOU SIMPLY HAVE TO DISCOVER
4 mins
December 18, 2025
The London Standard
Udderly mad and absolutely fab
A text I received earlier this year said this: “En route to The Cow because apparently there’s a python being passed around.”
1 mins
December 18, 2025
The London Standard
This week's bestTV
Fallout was a surprise - video game adaptations are notoriously unreliable, but Jonathan Nolan's world of monsters in a retro-futurist apocalyptic America worked well.
2 mins
December 18, 2025
The London Standard
Have you heard the whispers about an AI hearing aid revolution?
There's a story about a whisper network operating among New York's rich and powerful, who are leveraging their connections to get their hands - and ears - on a revolutionary piece of tech.
2 mins
December 18, 2025
The London Standard
'BEATLEMANIA WASN'T LIKE TAYLOR SWIFT - IT CAME OUT OF NOWHERE, LIKE A METEORITE'
Sean Ono Lennon has a timely festive message in his Oscar-winning film inspired by his parents' song, Happy Xmas (War is Over) - and a thumbs-up to the actor who's about to play his dad.
6 mins
December 18, 2025
The London Standard
How your signature could save your life!
Join the call for 'Justin's Law' to make defibrillators mandatory in all UK health and sports facilities
1 mins
December 18, 2025
The London Standard
True crime pays off in Jack Holden's extraordinary solo turn and those red shoes pirouette back with feeling
Justly acclaimed at Sheffield Theatres and Southwark Playhouse, Jack Holden’s true crime, high-octane, sort-of solo show gets fresh exposure.
2 mins
December 18, 2025
The London Standard
Don't look back in anger... The celebrity moves and feuds of 2025
The stars' year in property - from Liam Gallagher's shiny new pad to Eric Clapton's swimming pool woes.
5 mins
December 18, 2025
The London Standard
Bar snacks
Murphy’s says sales of its Irish stout have surged by 607 per cent in the past year, while the number of pubs serving it on draught has climbed to 1,551 (up 480 per cent).
1 min
December 18, 2025
The London Standard
At the table AA Gill's favourite is still in a league all of its own
Restaurants and newspapers are kindred spirits of a kind.
3 mins
December 18, 2025
Translate
Change font size