#AltcoinETFsPostponed O'Neal spent 11 million dollars to address issues with NFTs, which is not a manifestation of conscience, but fear of even bigger problems.

Do you think this is just a "standard defense of rights in case of NFT project failure"?

Wrong, in fact, it is a combination of star support + Web3, which exploits investors + potential liability for securities.

Where's the inside scoop?

1. The Astrals project not only uses O'Neal's IP, but his son was also involved in development. This is not "advertising" — it's a deep connection.

2. The project's white paper, community promotion is entirely dependent on the "O'Neal brand". He promised to "create a brand empire in the metaverse", the result of which is that since the project's launch it peaked and then was almost not updated, leaving the community unsupported.

3. The worst part is that the only source of trust for investors is O'Neal. This turns him from a "promotional shield" into a "responsible person".

The court approval of the deal is actually an attempt by O'Neal's team to minimize losses:

If delayed, perhaps the securities regulatory authorities will also take an interest.

This case could become a precedent for celebrity liability in Web3.