Famous FTX Supporters Facing Class Actions

Famous names that support the bankrupt cryptocurrency exchange FTX faced a class action lawsuit in Florida, USA.

submitted to the U.S. Southern Court November 15 According to the information contained in the document dated Edwin Garrison by FTX yield account (YBA) A class action lawsuit was filed against famous names on behalf of their owners. NBA stars Steph Curry and Shaquille O’Neal NFL player Tom Brady, Brazilian model Gisele Bundchen famous baseball player David Ortiz outside 8 different famous In the case in which he is named, YBA is essentially a Ponzi scheme This product of the famous celebrities by fraudulently introducing unregistered securities subsidies claimed.

This service offered by FTX in case files is actually from paper It was claimed that it was like houses and that the funds invested by new investors were paid to old investors as earnings. To pay client funds credit is used and funds transferred by customers between non-transparent affiliates It was also among the allegations put forward in the case that it was the subject of various transfers. Also evidence of FTX trying to destroy was put forward.

On the other hand, another accusation brought against the stock market in the lawsuit was that FTX was designed to take advantage of inexperienced customers using mobile apps to invest. Famous lawyers representing the plaintiff David Boies, Coral Gables, Adam Moskowitz and Stephen Neal Zack assumed.

FTX founder Sam Bankman-Fried is also involved in the lawsuit, along with many famous names. In addition, FTX offers investors in the USA. Provided unregistered securities services is stated to be.

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