Shaquille O’Neal to Pay $11M NFT Lawsuit Settlement
In order to settle a lawsuit brought by holders, NBA legend Shaquille O’Neal has agreed to pay $11 million to the Astrals NFT collection. Hall-of-Famer O’Neal reached the settlement after allegations that he promoted unregistered securities tied to the Astrals non-fungible token project on Solana. According to court records, O’Neal, the collection’s main celebrity, leveraged […]
Shaq Faces Lawsuit Over FTX, Astrals Crypto Deals
Shaquille O’Neal faces legal troubles for his alleged promotion of FTX Exchange and Astrals NFT project, both accused of defrauding investors. Shaquille O’Neal received two complaints about his crypto endorsements while broadcasting an NBA game on Tuesday night. The former basketball star was served with the complaints at the ex-FTX Arena in Miami (now renamed […]
NBA Hall of Famer Shaquille O’Neal disagrees with Cryptocurrency
National Basketball Association’s Shaquille O’Neal said he likes to dabble into a stable investment when asked about his thoughts on crypto in a recent interview. Shaquille O’Neal, a basketball legend turned business mogul, has agreed to disagree with the crypto community. The 49-year-old NBA Hall of Famer highlighted his dissatisfaction with the financial system’s decentralization. […]