- Plaintiffs claim they suffered financial losses owingย to Shaqโs behavior.
- The legal process servers entered the ex- FTXย Tradingย Ltd arena on Game 4.
- Shaq is the only defendant in the new Solana (SOL) Astrals Non-Fungibleย Tokenย (NFT) case.
Iconic basketball player and Television show host Shaquille OโNeal received an unpleasant surprise during Game 4 betwixt the Miami Heat and Boston Celtics. Ironically, while Shaq was at the game hosted in the venue previously known as FTXย Tradingย Ltd Arena, lawyer Adam Moskowitz served him with two class-action lawsuits.
The Big Shaqtus got slapped with an updated version of the same FTXย Tradingย Ltd class-action lawsuit he allegedly evaded duringย theย previous year. In December 2022, David Boies and Adam Moskowitz penned the lawsuit for promoting a fraudulent scheme as a safe investment, which targets 14 celebrities in total.
Cat & Mouse Game at the NBA Conference Finals
The lawyer duo assertsย that the Shaq-Fu star was the most challenging to track down, despiteย theย factย that heโs one of the most high-profile names in the lawsuit. Inย addition of that, Shaq assertsย that the 1st time the legal process servers approached him was rather incompetent.
Reportsย by Shaqโs side of the story, the papers were tossed at his moving car, and the sports star didnโt bother to pick them up off the ground. Nonetheless, attorney Adam Moskowitz begs to differ โ the plaintiffโs lawyer assertsย that theย procedure servers did their best to get ahold of Shaq.
Nonetheless, theย procedure servers had to buy tickets to Game 4 of the NBA Eastern Conference Finals, but seeing the clash of the titans betwixt Jimmy Butler and Jason Tatum wasnโt the main motive for the purchase.ย
The lawyerโs team representatives found Shaq commenting on the game in the booth, served him with two class-action lawsuits, and got kicked out of the venue quickly after.
Double Trouble: Astrals Non-Fungibleย Tokenย (NFT) Lawsuit Blames Shaq
As if that wasnโt enough, one of the class-action lawsuits was a brand new allegation โ apparently, Shaq established and actively shilled the Solana-based Astrals Non-Fungibleย Tokenย (NFT) project.ย
Althoughย while the plaintiff sees it as an โoffer and sale of unregistered securities,โ Shaq is likewise being wasย known out for evading any communication with the Astrals Non-Fungibleย Tokenย (NFT) community, as heโs been silent on Discord since January 2023.
The other side
- The plaintiff in the Solana (SOL) Astrals Non-Fungibleย Tokenย (NFT) case likewise impliesย that Shaquille OโNeal โshould have knownโ not to encourage unregistered securities.
- This supposed lack of due diligence comesย after Shaq was featured in The FTXย Tradingย Ltd Podcast, asserting that โasking questions are very important.โ
Why This Matters
The wave of lawsuits targeting celebrities who previously endorsed the disgraced FTXย Tradingย Ltd can lay the foundation for clearer regulations for promoting cryptocurrency projects in the future.
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