Celebrities sued for touting FTX with ‘don’t miss out on crypto’ slogan
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Celebrities sued for touting FTX with ‘don’t miss out on crypto’ slogan

Celebrities sued for touting FTX

Celebrities sued for touting FTX – Top tennis star Naomi Osaka, American football legend Tom Brady, his ex-partner and model Gisele Bündchen and ex-basketball player Shaquille O’Neal, among others, have been charged in the US for promoting the fallen crypto platform FTX. Sam Bankman-Fried, the founder of the platform, has also been charged.

A duped investor has started a lawsuit in court in the US state of Florida. He demands compensation and wants to do this on behalf of as many other American investors as possible.

Celebrities sued for touting FTX

FTX was one of the largest digital coin trading platforms until recently, but it crashed in recent days. As a result, many investors can no longer access their money. As a result, many crypto coins also fell in value. Among other things, the price of bitcoin plummeted by about 20 percent in a few days.

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This duped investor, Edwin Garrison, is going to claim compensation. The amount thereof is still unknown. So he not only targets the FTX founder, but also celebrities who have promoted the platform. In addition to the aforementioned persons, these include comedian Larry David and basketball player Stephen Curry.

The prosecution accuses the celebrities of touting unregistered crypto investments and enticing investors to invest in a pyramid scheme. Authorities in the US are now investigating the collapse of FTX and to what extent Bankman-Fried has broken the rules. (Celebrities sued for touting FTX)

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Celebrities sued for touting FTX

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