Shaq Signs $1.8 Million Check to End His Crypto Drama
Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed to pay $1.8 million to settle a class-action lawsuit over his role in promoting the now-defunct cryptocurrency exchange FTX.
While the payment closes a legal chapter for the former Laker, it also marks a turning point in how courts are treating celebrity endorsements in the volatile world of crypto, a space where stardom once offered both hype and cover.
O’Neal is among the first big names to reach a settlement in the high-profile FTX case, which also names football legend Tom Brady, his ex-wife Gisele Bündchen, NBA superstar Steph Curry, tennis player Naomi…
