Basketball star Shaquille OโNeal has eventuallyย been served in FTXย Tradingย Ltd class action lawsuit โ again.
OโNeal was served legal papers on Tuesday night in Miami at the Kaseya Center ( previously FTXย Tradingย Ltd Arena) during Game 4 of the NBAโs Eastern Conference Finals, reportsย by Adam Moskowitz, a lawyer representing the FTXย Tradingย Ltd investors, as the Wall Street Journal reported.
Theย previousย 30ย days, Moskowitz informed The Block that OโNeal was eventuallyย served in the case outside his Atlanta home after a three- 30ย days chase. Onย theย otherย hand, OโNeal had alleged in court that process servers tossed papers at his moving car and failed to officially serve him.
This time, a process server purchased a ticket to the Tuesday game betwixt the Miami Heat and Boston Celtics and delivered the papers onceย more, reportsย by Moskowitz. OโNeal was supplying commentary on the game from a platform in the arena.
Theย procedure server approached him while OโNeal was on the platform and delivered the legal documents in the FTXย Tradingย Ltd case, reportsย by Moskowitz. Theย procedure server likewise served OโNeal in a new lawsuit over the Astrals Project, an Non-Fungibleย Tokenย (NFT) project of 3-D avatars. The new lawsuit, filed Tuesday by Moskowitz in Unitedย States District Court in Florida, alleges OโNeal violated securities laws by selling unregistered securities. OโNeal thereafter had theย procedure server thrown out of the arena, reportsย by Moskowitz.
OโNeal is between greaterย than a dozen celebrities and sports teams who are being sued for promoting FTXย Tradingย Ltd, the now-bankrupt cryptocurrency exchange. He had at one point been so supportive of FTXย Tradingย Ltd that the company dubbed him โShaqtoshi,โ referencing Satoshi Nakamoto, the name of the individual who apparently wrote the white paper on Bitcoin.
OโNeal has distanced himself from FTXย Tradingย Ltd in the wake of the companyโs collapse. โI was just a paid spokesperson for a commercial,โ OโNeal stated after the company went bankrupt.
Previous FTXย Tradingย Ltd CEO Sam Bankman-Fried has pleaded not guilty to criminal fraud charges, while 3 other executives from the company pleaded guilty in federal court.
