Shaq’s $1.8 Million FTX Settlement Signals The Fall Of Celebrity Crypto Hype
LOS ANGELES, CALIFORNIA – FEBRUARY 11: Shaquille O’Neal attends Shaq’s Fun House presented by FTX at … More
Shaquille O’Neal may have dominated on the basketball court, but his off-court moves in crypto haven’t aged quite as gracefully. The NBA Hall of Famer recently agreed to a $1.8 million settlement in a class action lawsuit over his role promoting FTX, the now-defunct cryptocurrency exchange. O’Neal, along with high-profile celebrities including Steph Curry, Tom Brady and others, were caught in the crosshairs when the $32 billion company collapsed, according to Bloomberg. As celebrity-backed…