Shaquille O’Neal again filed a legal complaint over the collapse of cryptocurrency exchange FTX. Ironically, papers were filed when he covered an NBA Playoff game in Miami, which was then called the FTX Arena. People magazine reports that attorney Adam Moskowitz is filming O’Neal’s service to avoid ambiguity, as court records show O’Neal has not responded to subpoenas.
O’Neal was on stage Tuesday working for the broadcast on TNT.
In the year Before FTX’s sudden collapse in late 2022, O’Neill was one of several celebrities who supported FTX.
FTX founder Samuel Bankman-Fried has been indicted by federal authorities for fraud, money laundering and campaign finance crimes.
Attorney General Merrick Garland accused Banman Fried of “committing crimes in an international scheme designed to defraud and defraud FTX’s customers and creditors.” He used billions of dollars of clients’ money for personal gain, investing in political campaigns and paying off loans to Alameda Research, the crypto hedge fund he founded.
The Moskowitz Law Firm is handling several crypto-related class action lawsuits, including one against FTX Insiders. The lawsuit names Bankman-Fried and brand ambassadors Larry David, a comedian, and Kevin O’Leary, an investor on the ABC show “Shark Tank.”
See more: FTX founder Sam Bankman-Fried wants lawsuit dismissed
Other athletes named include Tom Brady, Stephen Curry, Udonis Haslem, Trevor Lawrence, Shohei Ohtani, David Ortiz and Naomi Osaka.
The subpoena requires those served to respond within 21 days
Some of those who came forward responded that they should not be part of the charges.
“Plaintiffs do not allege that any of the movants even mentioned the withholding accounts – let alone encouraged any of the plaintiffs to deposit funds – or that any of the movants played any role in the alleged financial loss to the accounts that occurred at FTX’s alleged abuse and mismanagement,” the response states.
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