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Shaquille O'Neal to pay nearly $2 million settlement in FTX lawsuit
Shaquille O'Neal will be paying seven figures to settle the class-action lawsuit against FTX that also named other high-profile athletes. O'Neal will pay $1.8 million after he was accused of touting the since-defunct cryptocurrency as a reputable and trustworthy investment option via paid endorsements.
Shaquille O’Neal to Pay $1.8M in Settlement Over FTX Promotion Lawsuit
Shaquille O'Neal has agreed to pay $1.8 million to settle a class-action lawsuit brought by investors in the collapsed crypto exchange FTX. The payout is approximately $1 million more than the $750,000 O'Neal was reportedly paid for his role in an FTX commercial.
In November 2022, a class action lawsuit was launched by investor Edwin Garrison against FTX founder Sam Bankman-Fried, ...
Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed ...
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