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🏀 Shaquille O’Neal Settles FTX Lawsuit for $1.8M
According to CNBC, NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit by FTX investors.
📜 The deal (pending court approval) shields him from future liability & bars claims against FTX’s bankruptcy estate.
He was accused of:
🔹 Promoting FTX via events & social media
🔹 Helping push unregistered securities
Shaq once told CNBC he was “just a paid spokesperson.”
⚖️ Unlike other FTX endorsers whose cases were dismissed, Shaq remained entangled due to complex service procedures.
#FTX #Shaq