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Shaquille O'Neal to pay nearly $2 million settlement in FTX lawsuit
Shaquille O'Neal will be paying seven figures to settle the class-action lawsuit against FTX that also named other high-profile athletes. O'Neal will pay $1.8 million after he was accused of touting the since-defunct cryptocurrency as a reputable and trustworthy investment option via paid endorsements.
Cryptopolitan on MSN10h
SOL may face selling pressure as FTX receives another $40M tokens from Coinbase PrimeFTX received $40M worth of SOL from the wallets of Coinbase Prime, where the tokens were staked. The new tranche may also go toward repaying creditors after liquidating the SOL at around $157.
The cryptocurrency ecosystem has marked a pivotal moment as FTX, once a major crypto exchange, began its creditor ...
Sam Bankman-Fried of FTX photographed in March 2021 by Virgile Simon Bertrand for Forbes. FTX, a crypto exchange, went from being worth $32 billion to filing for bankruptcy in what many are ...
Cryptopolitan on MSN3d
FTX estate offloads $31.5 million in Solana as token plunges 8%The bankruptcy estate of FTX and Alameda Research has unstaked 188,000 staked Solana tokens worth $31.5 million.
Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed ...
FTX's implosion and Bankman-Fried's subsequent downfall deepened a market downturn that is referred to as a "crypto winter." One year later, they are still having a chilling effect, but there is ...
Binance, the world’s largest cryptocurrency exchange, said it had reached an agreement to buy its competitor FTX, which struggled to meet a surge of withdrawals in recent days as the crypto ...
That number has been cut in half ever since the collapse of crypto exchange FTX wiped out nearly $9 billion in customer funds ...
Which brings us to FTX. At the start of 2022, the crypto company was valued at $32 billion. Now, it's bankrupt, more than a million people are worried the money they put into it has vanished ...
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