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Shaquille O'Neal reaches a settlement in his FTX lawsuit, but the terms remain secret
Shaquille O'Neal has reached a settlement in a lawsuit from FTX investors against celebrities who promoted the cryptocurrency exchange.
Shaquille O'Neal reaches a settlement in his FTX lawsuit, but the terms remain secret
News
Shaquille O'Neal has reached a settlement with investors claiming losses from the collapse of the FTX cryptocurrency exchange, according to a filing on April 23 in the U.S. District Court for the Southern District of Florida.
The amount of the settlement remains confidential, and the terms are expected to be revealed after the investors formally request preliminary approval from the court, according to court documents.
O'Neal and other celebrities and athletes were accused of promoting FTX and allegedly contributing to investors' losses by endorsing the now-bankrupt exchange.
