Celebrities such as Tom Brady and Larry David are basically exempt from the FTX lawsuit.

Golden Finance reported that on Thursday, a judge dismissed most (but not all) of the claims against high-profile celebrities who were sued for promoting the collapsed Crypto Assets exchange FTX. U.S. District Judge K. Michael Moore stated in an opinion submitted on Wednesday that FTX investors taking legal action against these celebrities failed to prove that the stars were aware that the operations of the Crypto Assets exchange relied on fraudulent activities. Celebrities being sued include sports stars Tom Brady, Stephen Curry, and Naomi Osaka, the Golden State Warriors basketball team, comedian Larry David, and “Shark Tank” judge Kevin O’Leary. The judge stated regarding these celebrities: “Although this behavior indicates that the defendant was unaware, negligent, and even reckless, it does not indicate that the defendant was aware of FTX’s fraudulent actions, nor does it indicate that they had the necessary intent to deceive or defraud investors.”