Dunk pour la justice US – After months on the run, Shaquille O’Neal was finally summoned to court in a class action lawsuit against FTX, the infamous cryptocurrency platform. Lawyers for the plaintiff claimed the superstar was burying his head in the sand, but he was eventually subpoenaed outside his home in Atlanta.
Shaquille O’Neal Wanted: Sports Stars Involved in FTX Scandal
This falls within the scope of‘a complaint filed by Edwin Garrison who brought a class action, not only contre Sam Bankman-Friedfounder of the fallen platform FTX, but also against celebrities and athletes, including Shaquille O’Neal.
Indeed, O’Neal promoted the exchange platform as “paid spokesperson for advertisements”, in his own words. However, you are not unaware that the platform FTX turned out to be since an international fraud.
In this context, the superstar therefore himself confirmed – after the collapse of FTX – these commercial contracts, for then disappear in nature. He has thus become, through this game of cat and mouse with the competent authorities, one of the personalities most involved in the media in this affair… like this tweet from the lawyers of the plaintiff, authorized by the American justice .
“Mr. O’Neal: We represent thousands of FTX victims who lost their life savings in the massive FTX fraud. We’ve been standing outside your TNT studios in Atlanta all week, but your security guards won’t let us in just to hand over our legal complaint. »
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The end of a manhunt in the FTX case
Lawyers for the plaintiff, Adam Moskowitz et David Boyes, attempted to contact O’Neal on several occasions, including leaving comments on his social media. However, the superstar was difficult to reach, which required a dramatic chase to assign it. The attorneys also asked O’Neal not to erase the security tapes from his house, as they must be preserved for the trial.
“We just personally served Shaquille O’Neal outside his house with a copy of our complaint at 4 p.m. We took Judge Moore’s instructions very seriously and are happy to finally put an end to this idiotic spectacle (…) Mr. O’Neal will now have to appear in federal court and explain to his millions of followers his fake ‘FTX’ advertising campaign : I Am All In’. »
Adam Moskowitz’s statement in an email
The problems of fraud and promotion of cryptocurrencies turning out to be scams are numerous in our still young ecosystem. Many are the celebrities, but also the politicians across the Atlantic, who are being pinned down by US justice concerned with protecting consumers in the context of the FTX scandal.
This case, light for some, maybe even a little people for others, reminds us that too much the importance of healthy gestures to protect your cryptocurrencies and avoid pitfalls: forewarned is forearmed.
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