Shaquille O'Neal to pay $1.8 million to settle FTX class action lawsuit
13-06-2025 18:56 via wbrz.com

Shaquille O'Neal to pay $1.8 million to settle FTX class action lawsuit

Former NBA player Shaquille O'Neal will pay $1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange FTX.O'Neal, and other celebrities like Tom Brady and Stephen Curry, were named in the lawsuit in 2022. They had been accused of touting FTX as a reputable and trustworthy investment option via paid endorsements. The proposed settlement only pertains to O'Neal.Three years ago FTX was the third-largest cryptocurrency exchange, but it ended up with billions of
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