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Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last November.In an over 180 page Aug. 31 court filing, FTX’s financial advisors laid out a detailed list of high-profile
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Advisers hired by FTX are looking to recoup some of the money the exchange paid to several sports stars for partnerships and endorsements. Alvarez & Marsal, financial advisers for Sam Bankman-Fried’s failed crypto exchange FTX, are reportedly probing whether millions of dollars paid to celebrity athletes, including tennis star Naomi Osaka
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A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in
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The law firm representing victims affected by the FTX collapse have publicly appealed to NBA superstar Shaquille O’Neal to show “courtesy and honor” by actually accepting their legal complaint after several unsuccessful attempts.In an April 14 tweet, The Moskowitz Law Firm revealed its team have been standing outside O’Neal’s TNT
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A federal judge in Florida, United States, is considering dismissing NBA superstar Shaquille O'Neal and tennis athlete Naomi Osaka from the FTX lawsuit, pointing out that it's unclear whether the two have been served. In a paperless order, U.S. District Judge K. Michael Moore reportedly told the plaintiffs to provide cause
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Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid
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Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and bring athletes closer to their fans. Prior to 2021 — and
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Four-time NBA champion and serial entrepreneur Shaquille O’Neal is releasing his own collection of non-fungible tokens (NFTs) in partnership with Ethernity Chain, the company announced Monday.The release, titled “Shaquille O’Neal: The Eras of Dominance Collection,” will run on Ethernity, an Ethereum layer 2, and will be available for purchase on
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