Key Points:
The lawsuit has named over a dozen celebrities and sports teams who are being sued for promoting FTX, which is now a bankrupt crypto exchange. O’Neal was one of the notable figures who endorsed FTX and was once so supportive that the company dubbed him “[Shaqtoshi]”.
Despite being a regular fixture on TV, his own podcast, and touring as a DJ under the name “DJ Diesel”, O’Neal has been hiding in plain sight, making it difficult for process servers to give him official notice he is the target of a lawsuit.
The lawyers attempting to serve a lawsuit to basketball legend Shaquille O’Neal were so desperate to find him ahead of a deadline that they requested to serve him via Twitter, Instagram, and email. However, after the request was denied, the lawyers resorted to tweeting at him outside the TNT studios in Atlanta, where O’Neal is a regular fixture on “The NBA on TNT.”
Lawyers have been hunting down O’Neal for three months. They finally served him on Sunday afternoon at his Georgia home in front of his own security cameras, which recorded the exchange. The case was filed by an FTX customer from Oklahoma, Edwin Garrison, and is being handled by attorneys Adam Moskowitz and David Boies. They took Judge Moore’s instructions seriously and are glad to have finally ended this sideshow.
Basketball legend Shaquille O’Neal has been served with a complaint at his Georgia home as part of a class-action lawsuit. The lawsuit targets over a dozen celebrities and sports teams promoting FTX, now a bankrupt crypto exchange. Lawyers have been hunting down O’Neal for three months, and they finally served him on Sunday afternoon at his Georgia home. The case was filed by an FTX customer from Oklahoma, Edwin Garrison, and is handled by attorneys Adam Moskowitz and David Boies.
Along with other celebrities targeted in the lawsuit, O’Neal is now required to appear in federal court and explain his “FTX: I Am All In” false advertising campaign to his millions of followers. O’Neal has homes in Florida, Georgia, Nevada, California, and the Bahamas, and the case is filed in the U.S. District Court for the Southern District of Florida. Former FTX CEO Sam Bankman-Fried has pleaded not guilty to criminal fraud charges, while three other executives from the company pleaded guilty in federal court.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Thana
Coincu News
BTFD Coin is offering a chance to relive the glory days of meme coin investing,…
Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…
Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…
Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…
The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…
The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…
This website uses cookies.