Business
FTX Comes Back as a London Pub Quiz Team
Promising refunds in the form of free pints and wrong answers.
By Daniel Karim – Crypto Scandals Reporter
A Collapse Rebranded
London pubs are famous for their trivia nights. Teams with pun-heavy names compete over questions about history, sports, and pop culture. But this week, a new squad has raised eyebrows across the city. The disgraced crypto exchange FTX has allegedly resurfaced as a pub quiz team called “Proof of Pint.”
The group’s slogan? “We may have lost billions, but we’ll win the bonus round.” Patrons at Shoreditch pubs swear the team is made up of former exchange employees now trading in trivia instead of tokens.
Refunds in Ale and Laughter
FTX’s new “recovery plan” has become the punchline of London’s nightlife. Instead of refunding customers in cash, the team allegedly hands out pints of lager to anyone who once lost money on the exchange. A regular at one pub joked, “I’m still down five grand, but at least I got a Carlsberg and some crisps.”
The quizmaster reportedly plays along. At one recent event, the final round was titled “Where Did All the Money Go?” The FTX team scored zero.
Fake or Real?
As news of FTX’s pub quiz comeback spread, London meme accounts exploded. Was it true or just another internet fantasy?
On TikTok, polls leaned 60 percent in favor of believing it. One comment read, “Makes more sense than their actual business plan.” Another countered, “Fake, but I’d pay to watch them lose every round.”
The rumor became so widespread that some pubs now advertise “FTX Quiz Nights” just to boost attendance.
Trivia Meets Tokenomics
Observers noted the irony. The company, once praised for complex trading platforms, now struggles to answer simple questions like “Who was Britain’s first female Prime Minister?” The joke writes itself. “They could handle billions in crypto but not a question worth two points,” one spectator laughed.
A meme doing the rounds showed Sam Bankman-Fried photoshopped behind a pub table with the caption, “All in on Round Two.”
Top Comments from the Internet
- “At least I’m finally getting something back, even if it’s a pint.”
- “Proof of Pint is more stable than Proof of Reserves ever was.”
- “I trusted them with my life savings, now I can’t even trust them with the answer to a Beatles question.”
Londoners Love the Joke
London’s pub scene thrives on humor. FTX’s alleged return as a trivia team fits perfectly with the city’s taste for absurd satire. Even those who never invested in crypto are enjoying the spectacle. One student in Camden said, “I don’t care about exchanges, but watching billionaires lose a music round is pure art.”
Pub owners are even benefiting from the buzz. “People line up just to see if FTX will show,” said one manager in Soho. “Whether they’re real or not doesn’t matter. It’s good for business.”
Meme Culture and Redemption
Could this be the first step in FTX’s redemption? Probably not. But the meme value is priceless. Rebranding as a pub quiz team is less about rebuilding credibility and more about leaning into the joke. For Londoners, that’s enough.
Economists in the city note the irony. “When people prefer free beer to financial recovery, you know the damage is permanent.”
Conclusion
Whether FTX has truly reinvented itself as a pub quiz team or not, the idea captures the absurd spirit of our times. Failed exchanges don’t just fade away; they return as memes in Shoreditch pubs. Customers may never see their money again, but at least they can share a laugh and a pint.
So next time you walk into a London quiz night, listen carefully. If the team named “Proof of Pint” misses another easy question, you might just be watching financial history’s weirdest comeback.
By Daniel Karim – Crypto Scandals Reporter
daniel.karim@londonews.com