🚨🚨 #FTXCase 🚨🚨

⚡️BREAKING: Shaq Settles FTX Lawsuit

Here’s the latest:

Confidential Settlement 🤐

Shaquille O'Neal has reached a confidential settlement in the class-action lawsuit over his promotion of FTX. The details of the deal are being kept under wraps for now, but the settlement is a major step in resolving this legal mess.

The Lawsuit 🏀

Shaq was among several big names—like Tom Brady and Gisele Bündchen—accused of misleading investors by promoting FTX, which has since collapsed. The lawsuit claims these celebrities helped push what some are calling a “Ponzi scheme” without revealing they were paid for their endorsements.

Legal Drama ⚖️

Getting legal documents to Shaq wasn’t easy. Lawyers even tried to serve him papers at NBA games and at his home. It’s clear this case had its challenges.

Settlement Amount? 💵

We don’t know exactly how much Shaq will pay, but reports suggest he was paid about $750,000 for promoting FTX. Now, he’s settling in a way that ends his involvement in this lawsuit.

The Bigger Picture 🌍

This lawsuit is part of a larger $21 billion case targeting all the celebrities and influencers who backed FTX. It's a reminder of the risks involved in celebrity endorsements, especially in the crypto world.

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Bottom Line: This settlement closes another chapter in the FTX saga, but it also highlights how big names endorsing crypto products are now facing real consequences.