The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
Thursday, June 8, 2023
  • Login
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
Subscribe
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle
No Result
View All Result
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency
No Result
View All Result
ADVERTISEMENT
Home Exchanges

FTX scandal: Shaquille O’Neal’s run comes to an end

by Ashutosh Thakur
April 17, 2023
in Exchanges
129
0
FTX scandal: Shaquille O’Neal’s run comes to an end
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

RelatedPosts

Coinbase: the United States tax authorities (IRS) can access customer data

Uniswap DAO Rejects Proposal to Introduce Protocol Fee

Arbitrum: 4,000 ETH flown on the Jimbos protocol in a hack

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 .

Tweet from Plaintiff Lawyers in Shaquille O’Neal Class Action – Source: Twitter

“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. »

>> Need to store your cryptocurrency safely? Ledger offers you $20 in BTC for the purchase of a Nano S Plus key (commercial link) <<

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.

Disasters and hacks don’t just happen to others! It is better never to entrust the security of your cryptocurrencies to a third party. To sleep with peace of mind, equip yourself with a secure hardware wallet. Ledger, offers you up to $30 in BTC for the purchase of a Nano key. Your security is priceless (commercial link).

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Coinbase: the United States tax authorities (IRS) can access customer data
Exchanges

Coinbase: the United States tax authorities (IRS) can access customer data

June 3, 2023
1.9k
Uniswap DAO Rejects Proposal to Introduce Protocol Fee
Exchanges

Uniswap DAO Rejects Proposal to Introduce Protocol Fee

June 2, 2023
1.9k
Arbitrum: 4,000 ETH flown on the Jimbos protocol in a hack
Exchanges

Arbitrum: 4,000 ETH flown on the Jimbos protocol in a hack

May 29, 2023
1.9k
Anti-Bitcoin war in the USA: Gemini confirms its desire for Europe
Exchanges

Anti-Bitcoin war in the USA: Gemini confirms its desire for Europe

May 27, 2023
1.9k
Chaos on Multichain: the Fantom Foundation explains its massive withdrawal
Exchanges

Chaos on Multichain: the Fantom Foundation explains its massive withdrawal

May 26, 2023
1.9k
Europe and crypto regulation: OKX wants to settle in France
Exchanges

Europe and crypto regulation: OKX wants to settle in France

May 23, 2023
1.9k
Load More
  • Trending
  • Comments
  • Latest
-The Blockchain Cafe

Write for us – guest post

April 14, 2022
Important Update On The Celsius Network

Important Update On The Celsius Network

June 14, 2022
TCS-The Blockchain Cafe

TCS roll-outs Quartz DevKit to help businesses build blockchain applications 40% faster

December 4, 2021
Quorums and Quorum Slices -The Blockchain Cafe

What Are Quorums and Quorum Slices?

December 4, 2021
OneCoin: the $4 billion Ponzi back in court

OneCoin: the $4 billion Ponzi back in court

0
The Blockchain Cafe

10 Things A Crypto Beginner Should Know

0
Binance Launches Training Program for Government Agencies

Binance Launches Training Program for Government Agencies

0
NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

NFT games only scratch the surface of possibilities according to Animoca’s Yat Siu

0
On the issue of Bitcoin (BTC) supply

On the issue of Bitcoin (BTC) supply

June 8, 2023
Bali wants to crack down on crypto-payments

Bali wants to crack down on crypto-payments

June 7, 2023
Binance under dark clouds

Binance under dark clouds

June 7, 2023
Mercado Bitcoin authorized as a payment institution in Brazil

Mercado Bitcoin authorized as a payment institution in Brazil

June 7, 2023
The Blockchain Cafe - Your Guide to Decentralized Finance and Cryptocurrency

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Navigate Site

  • News Story
  • Blockchain
  • Cryptocurrency
  • NFT
  • Metaverse
  • DAO
  • Listicle

Follow Us

No Result
View All Result
  • News Story
  • Blockchain
  • Cryptocurrency
    • Exchanges
  • NFT
  • Metaverse
  • DAO
  • Listicle

© 2022 The Blockchain Cafe - Designed and Maintenance by The Blockchain Cafe.

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version
x
x