The bankruptcy of cryptocurrency exchange FTX even affects basketball. Golden State Warriors and Stephen Curry Investors are now suing to promote the platform, according to Reuters news agency.
FTX, which filed for bankruptcy, is already under scrutiny by US authorities. Following this fallout, American merchants sued its creator, Sam Bankman-FriedAs well as many celebrities.
The legal action isn’t just targeting the Warriors and Curry in the sports world. Shaquille O’NealBuccaneers quarterback Tom Brady Or a tennis player Naomi Osaka The class action includes 11 athletes targeted. Allegedly, these personalities and the San Francisco franchise are involved “Misleading Practices” for “Sell FTX Yield Digital Currency Accounts”.
The situation also affects Heat, who had a deal with the company to name the room. With Platform bankrupt, Miami was forced to terminate the 19-year, $135 million contract it signed last March.
For now, Golden State has not responded to this question. Neither does the player’s camp. The situation goes beyond the NBA and beyond the confines of sports, with several billion dollars at stake.
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