BREAKING: Shaq Settles FTX Lawsuit, Terms Kept Secret
NBA legend Shaquille O'Neal has reached a confidential settlement with FTX investors, according to an April 23 court filing in Florida.
The settlement ends a legal battle where investors accused O'Neal of contributing to their losses by promoting the now-bankrupt crypto exchange.
This resolution comes shortly after O'Neal's separate $11 million settlement over the Astrals NFT project. The #FTX litigation continues against other celebrity promoters as investors seek up to $21 billion in damages.
Will this settlement set a precedent for the other celebrity defendants facing similar accusations? #CryptoNews
NBA legend Shaquille O'Neal has reached a confidential settlement with FTX investors, according to an April 23 court filing in Florida.
The settlement ends a legal battle where investors accused O'Neal of contributing to their losses by promoting the now-bankrupt crypto exchange.
This resolution comes shortly after O'Neal's separate $11 million settlement over the Astrals NFT project. The #FTX litigation continues against other celebrity promoters as investors seek up to $21 billion in damages.
Will this settlement set a precedent for the other celebrity defendants facing similar accusations? #CryptoNews