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NBA star O'Neal agrees to pay $1.80 million to settle FTX investor lawsuit

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2025-06-12 02:14:44
NBA star Shaquille O'Neal has agreed to pay $1.80 million to settle a class action lawsuit over the promotion of bankrupt cryptocurrency exchange FTX, a settlement subject to court approval.
Previously, the plaintiffs accused O'Neill of helping to promote unregistered securities by presenting FTX as a safe and legal platform at events and on social media. O'Neill has previously said he is just a "paid spokesperson" for FTX.
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