FTX CEO and other prominent celebs named in FTX-associated lawsuit

FTX CEO and other prominent celebs named in FTX-associated lawsuit

The ex-CEO of FTX, Sam Bankman-Fried along with celebrity supporters of FTX like Larry David, Tom Brady, Giselle Bundchen, Shaquille O’Neal, Naomi Osaka, and Stephen Curry are named in a class-action lawsuit. 
The abovementioned names are accused of misleading customers to invest in the company. 
On November 15, the legal action was filed by Moskowitz and Boies in the name of Oklahoma resident Edwin Garrison. The lawsuit also states that Sam Bankman-Fried allegedly used celebrity promoters to aim “immature investors” in a Ponzi scheme” to make the FTX sustain. 
“A portion of the scheme hired by the FTX bodies indulged using a few of the big names in the field of sports and entertainment, like these supporters to generate funds and influence American clients to invest” in FTX’s yield-bearing accounts, which the legal action claims portrayed unlisted securities under federal and Florida law. 
The action looks for undetermined financial losses, accusing the FTX downturn

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We współpracy z: https://www.thecoinrepublic.com/2022/11/17/ftx-ceo-and-other-prominent-celebs-named-in-ftx-associated-lawsuit/

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