{"id":8059,"date":"2023-05-13T01:09:06","date_gmt":"2023-05-13T05:09:06","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/former-ftx-executive-is-cooperating-in-a-lawsuit-against-shaquille-oneal-tom-brady-and-other-celebrities\/"},"modified":"2023-05-13T01:09:07","modified_gmt":"2023-05-13T05:09:07","slug":"former-ftx-executive-is-cooperating-in-a-lawsuit-against-shaquille-oneal-tom-brady-and-other-celebrities","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=8059","title":{"rendered":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities"},"content":{"rendered":"
\n

A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered cooperation from a former executive, according to a recent court filing.<\/p>\n

Former FTX Chief Compliance Officer Daniel Friedberg provided evidence tying Florida to the celebrities, according to lawyers representing the plaintiffs.\u00a0<\/p>\n

\u201cBased upon this new, extensive evidence, there appears to be no state that has more connections to the FTX Brand Ambassador Defendants than the state of Florida,\u201d lawyers for the plaintiffs said in the court filing on Thursday.<\/p>\n

Florida is key since the lawsuit was filed in the U.S. District Court in the Southern District of Florida, though the defendants have said the court \u201clacks specific personal jurisdiction over them\u201d and that they don’t have a connection to the state, according to the filing.<\/p>\n

From the beginning\u00a0<\/h2>\n

The class action lawsuit was first filed<\/u> in November, days after FTX had announced that it filed for a Chapter 11 bankruptcy.\u00a0<\/p>\n

The lawsuit claimed that 12 celebrities misled customers and engaged in deceptive practices to sell FTX yield-bearing digital currency accounts.\u00a0<\/p>\n

The suit<\/u> alleged that \u201cAmerican consumers collectively sustained over $11 billion dollars in damages,\u201d amid the collapse.<\/p>\n

Lawyers laid out FTX\u2019 connections to Florida in the complaint, including that it organized \u201cits worldwide headquarters located here in Miami, Florida.\u201d<\/p>\n

Former FTX CEO Sam Bankman-Fried is facing criminal and civil charges in the US.<\/p>\n

Most recently, he asked<\/u> a New York judge to dismiss most of the criminal charges brought against him calling some of those charges \u201cdramatic.\u201d<\/p>\n

Bankman-Fried has been charged with eight criminal charges, including wire fraud and conspiracy to commit bank fraud.<\/p>\n

His lawyers asked for charges such as conspiring to commit wire fraud on FTX customers, bank fraud conspiracy, unlawful political contributions among others to be dismissed.\u00a0<\/p>\n

Bankman-Fried is facing more than 100 years in prison for his alleged crimes.\u00a0<\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered cooperation from a former executive, according to a recent court filing. Former FTX Chief Compliance Officer Daniel Friedberg provided evidence tying Florida to the celebrities, according to lawyers representing the plaintiffs.\u00a0 \u201cBased upon this […]<\/p>\n","protected":false},"author":1,"featured_media":8060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-8059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"\nFormer FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld<\/title>\n<meta name=\"description\" content=\"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=8059\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=8059\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-13T05:09:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-13T05:09:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/screen-shot-2023-05-12-at.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1127\" \/>\n\t<meta property=\"og:image:height\" content=\"629\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=8059#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=8059\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities\",\"datePublished\":\"2023-05-13T05:09:06+00:00\",\"dateModified\":\"2023-05-13T05:09:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=8059\"},\"wordCount\":335,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=8059#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=8059\",\"url\":\"https:\/\/ifintechworld.com\/?p=8059\",\"name\":\"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-13T05:09:06+00:00\",\"dateModified\":\"2023-05-13T05:09:07+00:00\",\"description\":\"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=8059#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=8059\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=8059#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld","description":"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=8059","og_locale":"en_US","og_type":"article","og_title":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld","og_description":"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered","og_url":"https:\/\/ifintechworld.com\/?p=8059","og_site_name":"iFintechWorld","article_published_time":"2023-05-13T05:09:06+00:00","article_modified_time":"2023-05-13T05:09:07+00:00","og_image":[{"width":1127,"height":629,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/screen-shot-2023-05-12-at.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=8059#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=8059"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities","datePublished":"2023-05-13T05:09:06+00:00","dateModified":"2023-05-13T05:09:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=8059"},"wordCount":335,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=8059#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=8059","url":"https:\/\/ifintechworld.com\/?p=8059","name":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-13T05:09:06+00:00","dateModified":"2023-05-13T05:09:07+00:00","description":"A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O\u2019Neal, Tom Brady and Naomi Osaka has garnered","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=8059#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=8059"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=8059#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O\u2019Neal, Tom Brady and Other Celebrities"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/8059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8059"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/8059\/revisions"}],"predecessor-version":[{"id":8061,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/8059\/revisions\/8061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/8060"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}