Apr 21, 02:25 PM

FTX's Bankman-Fried Settles for $1.3M, Targets Celebs in Legal Actions

Sam Bankman-Fried, the former FTX founder, has agreed to a settlement with investors and customers, who will drop their claims against him in exchange for his cooperation in legal actions against celebrities who promoted FTX. The settlement involves $1.3 million and targets celebrity endorsers such as Shaquille O'Neal, Tom Brady, Stephen Curry, and Shohei Ohtani. Additionally, Bankman-Fried's legal team has filed a notice of his intent to appeal his conviction on fraud and conspiracy charges.

#FTX #Tom Brady #Stephen Curry #Shohei Ohtani

Written with ChatGPT (GPT-4).