By Vince • April 19, 2024 11:25 pm •
Former FTX CEO Sam Bankman-Fried has been offered settlement terms in an ongoing investor lawsuit against him.
The $1.3 million lawsuit, first filed by investors in 2022, alleges that FTX used celebrity promotors to push what they described as a Ponzi scheme.
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These Litigants are now offering to drop the lawsuit against SBF in exchange for him providing information on FTX’s former celebrity partners and accounting firms tied to those relationships.
Blockchain journalist Colin Wu outlined the celebrities initially named in the lawsuit:
“A group of investors filed a class action lawsuit against FTX and SBF, as well as several celebrities, including Tom Brady, supermodel Gisele Bündchen, tennis star Naomi Osaka, Shaquille O’Neal, Kevin O’Leary, and
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