Shaquille O’Neal Settles FTX Lawsuit Over Unregistered Securities
- Shaquille O’Neal has settled a lawsuit related to promoting FTX’s unregistered securities.
- The settlement details are confidential, as requested by attorneys.
- O’Neal was paid approximately $750,000 for his advertisement with FTX.
- Other celebrities involved in similar lawsuits include Tom Brady and Naomi Osaka.
- FTX’s sponsorship deal with the Miami Heat was worth $135 million before its collapse.
Shaquille O’Neal reached a confidential settlement in a lawsuit alleging his involvement in promoting FTX’s unregistered securities. The case is part of broader legal actions involving other celebrities like Tom Brady and Naomi Osaka.
Source (2.6)https://decrypt.co/316114/shaquille-oneal-settlement-ftx-lawsuit?rand=52368