Crypto: Shaq has finally been served in FTX shareholders’ lawsuit


After months of allegedly dodging lawyers, Hall of Fame basketball star Shaquille O’Neal has finally been served in a shareholders’ lawsuit against bankrupt crypto platform FTX.

“Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house,” the Moskowitz Law Firm said in a tweet Sunday. “His home video cameras recorded our service and we made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit.”

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In previous tweets, Moskowitz had accused O’Neal, the former NBA star and current TNT basketball analyst, of “running from us for months” and complained “We have been standing outside your TNT studios in Atlanta all week, but your security guards will not let us in, to just hand deliver our legal complaint.”

Also: SEC charges crypto exchange Bittrex and former CEO with flouting securities laws

O’Neal is among the celebrity endorsers — including NFL star Tom Brady and NBA star Stephen Curry — caught up in the class-action suit brought against FTX and accused of defrauding investors by promoting a “fraudulent scheme.” He was reportedly the last person named in the suit to be served.

Previously: Crypto’s pro-sports ties raise ethical questions

In December, O’Neal tried to distance himself from FTX in a CNBC interview, saying: “A lot of people think I’m involved, but I was just a paid spokesperson for a commercial.”

FTX imploded last year and declared bankruptcy in November. Its founder, Sam Bankman-Fried has been indicted on fraud charges, accused of defrauding investors out of billions of dollars.

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