SBF agrees to help handle lawsuit against FTX celebrity endorser
According to BlockBeats, on April 21, DL News reported that FTX founder SBF has agreed to a settlement with investors, who will waive their civil liability claims against him in exchange for his cooperation in a class action lawsuit against celebrities who promote cryptocurrency trading platforms. The agreement is subject to court approval.
These celebrities include sports star American football player Tom Brady, former NBA star Shaquille O’Neal, Stephen Curry and others, who are accused of promoting unregistered securities for FTX.