Shaq Agrees To 'Amicable Proposed Resolution' With FTX Investors, Terms To Remain Confidential

Shaq Agrees To 'Amicable Proposed Resolution' With FTX Investors, Terms To Remain Confidential

Basketball legend Shaquille O’Neal, often known as Shaq, settled a lawsuit with FTX (CRYPTO: FTT) customers on Tuesday over a commercial promoting the now-defunct cryptocurrency exchange. What Happened: O’Neal and the plaintiffs have agreed upon an “amicable proposed resolution,” The Block reported, citing court documents filed in the U.S. District Court for the Southern District of Florida. The terms of the settlement will remain confidential u…

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

The suit named a host of other celebrity promoters, including baseball player Shohei Otani, comedian Larry David, and model Gisele Bundchen.

A total of 21 billion US dollars in damages had been claimed by the FTX prosecutors from the NBA icon and other parties involved in the crypto scandal. Source: BTC-ECHO BTC-ECHO

Shaquille O’Neal Reaches Settlement in FTX Lawsuit That Lawyers Say He Was ‘Running’ From – MAXBIT

Shaquille O’Neal reached a settlement with undisclosed terms in his FTX lawsuit, after previously “running” from the case. Source link

Shaquille O’Neal Settles FTX Lawsuit With Investors - FinanceFeeds

Shaquille O’Neal has reached a confidential settlement with investors who alleged losses stemming from his promotion of the collapsed cryptocurrency exchange FTX, according to a filing in the U.S. District Court for the Southern District of Florida. Terms of the agreement remain sealed, though court documents state they will be disclosed once investors request preliminary court approval. O’Neal was one of several high-profile figures accused of …

Shaquille O’Neal Reaches Confidential Settlement in FTX Lawsuit

The court filing, submitted on April 23, 2025, confirmed that both parties had reached a proposed resolution and would now seek court approval to move forward with the agreement. O’Neal Settles Legal Dispute Over FTX Promotions After Exchange’s Collapse The settlement, signed on April 1, remains confidential until the plaintiffs formally request preliminary approval. While the exact terms of the agreement are not publicly disclosed, it marks a s…