US lawsuit launched against FTX founder and celebrity backers
by Alex Hern from Technology | The Guardian on (#65X1A)
Crypto exchange promoters such as Larry David, Naomi Osaka, Gisele Bundchen and Shaquille O'Neal also named as defendants
A class action lawsuit has been launched against FTX's former chief executive Sam Bankman-Fried over the crypto exchange's collapse which also names as defendants a host of its celebrity backers including Larry David, Naomi Osaka, Gisele Bundchen and Shaquille O'Neal.
Filed in Florida by class action attorney Adam Moskowitz, the case is one of the first to attempt to hold the sports stars and entertainers who promoted cryptocurrencies in the boom years responsible for their support.
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