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Wednesday, November 27, 2024

Shaq Served in FTX Lawsuit Allegedly ‘Hiding’ for Months


Basketball legend and businessman Shaquille O’Neal was served authorized paperwork on Sunday within the FTX lawsuit, after allegedly dodging the paperwork for months. The lawsuit is focusing on FTX founder Sam Bankman-Fried and the corporate’s celeb endorsers for defrauding traders.

Adam Moskowitz, co-counsel for traders on the FTX class motion swimsuit and companion at Moskowitz Legislation Agency, mentioned that Shaq was “hiding and driving away from our course of servers for the previous three months,” per Coindesk.

“Plaintiffs within the billion $ FTX class motion case simply served @SHAQ exterior his home,” the Moskowitz Legislation Agency tweeted. “His house video cameras recorded our service and we made it very clear that he’s to not destroy or erase any of those safety tapes, as a result of they have to be preserved for our lawsuit.”

Previous to the replace on Sunday night, Moskowitz Legislation Agency tweeted at Shaq on April thirteenth saying that “all different FTX celebrities have agreed to obtain their complaints,” and known as on the NBA Corridor of Famer to have “courtesy and honor” in permitting the attorneys to ship the papers.

The FTX class motion lawsuit claims Bankman-Fried and different public figures defrauded traders by selling the cryptocurrency in what in the end was a “Ponzi scheme,” per courtroom paperwork. Different celebrities implicated within the lawsuit are Tom Brady, Gisele Bündchen, Stephen Curry, and Kevin O’Leary.

Associated: ‘I Was Blindsided’: Gisele Bündchen Breaks Silence on FTX Collapse

“Lots of people assume I am concerned, however I used to be only a paid spokesperson for a industrial,” O’Neal advised CNBC in December.



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