FTX customers file class action lawsuit saying assets belong to them The suit was filed against FTX and its founder Sam Bankman-Fried who was arrested in the Bahamas last week FTX customers filed a class action lawsuit against the failed crypto exchange as the company's assets dwindle. The fil...
FTX investors filed a class action lawsuit against FTX and its celebrity endorsers on Nov. 15, 2022. Thecivil suit claimedFTX used "false representation and deceptive conduct." The lawsuit also accused FTX of using a Ponzi scheme to misuse funds and move customer money between entities. How th...
A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX and Alameda Research. The suitaimsto hold Silvergate accountable for its alleged roles ...
Shaquille O'Neal cannot be served a summons electronically for aclass-action lawsuit brought against FTX founder Sam Bankman-Fried and a host of celebrity spokespeople, a Florida judge ruled Tuesday. The plaintiff's attorneys have unsuccessfully attempted to serve O'Neal in person for several months...
A class action lawsuit filed against cryptocurrency platform FTX is also naming several celebrities. There are celebrities that made a lot of money and promoted this product. Unless you tell people you're getting paid and how much you're getting paid and what your incentive is, you can be ...
Federal defense attorney Ronald Chapman discusses the class-action lawsuit filed against FTX and Elizabeth Holmes' sentencing. FTX, the cryptocurrency exchange that collapsed earlier this month and filed for bankruptcy protection, said in a court filing on Saturday that it owes its 50 largest creditors...
Meanwhile, celebrity boosters of FTX -- including Naomi Osaka, Shaquille O'Neal and Kevin O'Leary -- were sued in federal court in a class-action lawsuit alleging that false representations of a deceptive product were used to dupe vulnerable investors. ...
Bankman-Fried's name was listed as a defendant in a class-actionlawsuitfiled Friday, accusing him and several celebrities of deceptive marketing. It marks the third class-action suit customers have filed against celebrities who promoted FTX Trading. Tom Brady and Larry David are among thoseaccused...
A customer-led federalclass-actionlawsuitfiled in November 2022 accuses FTX of being a fraudulent cryptocurrency scheme and Bankman-Fried and FTX's celebrity promoters, including Stephen Curry, Shaquille O'Neal, Shohei Ohtani, Naomi Osaka, Larry David, Tom Brady, and Kevin O'Leary, of duping uns...
Lawsuit Filed Against FTX and Celebrity Promoters On Nov. 16, aclass-action lawsuitwas filed in a Florida federal court, alleging FTX was a fraudulent cryptocurrency scheme designed to take advantage of unsophisticated investors across the U.S. High-profile celebrities and professional athletes such ...