Former NBA star Shaquille O’Neal has reached a settlement with FTX investors.

WuSaidBlockchainW · 2025-04-24T16:48:05+00:00

NBA star Shaq has reached a settlement with FTX investors, resolving the endorsement dispute; the settlement amount has not been disclosed. The plaintiff's claim was as high as $21 billion. Previously, seven defendants including Trevor Lawrence had settled for $1.4 million. O’Neal paid $11 million to settle for the NFT project Astral.

WuSaidBlockchainW

2025-04-24 16:48:05

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Former NBA star Shaquille O’Neal has reached a settlement with FTX investors to resolve a class action lawsuit accusing him of aiding the platform in committing fraud due to his role as an FTX spokesperson. The settlement amount has not been disclosed. The plaintiffs in the case sought to claim as much as $21 billion from multiple celebrities and former executives, including O’Neal. Earlier in 2023, seven defendants, including Trevor Lawrence and several YouTubers, reached an initial settlement totaling $1.4 million. O’Neal previously settled for $11 million over the failed NFT project Astral that he promoted. (CoinDesk)

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