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.
Disgraced entrepreneur Sam Bankman-Fried is helping... FTX investors? Yes. Celebrity endorsers (Tom Brady, Shaquille O’Neal, Stephen Curry, and Shohei Ohtani) are being sued https://t.co/Dw1tZ9boRo
Regulatory Update and Recent SEC Actions April 2024 https://t.co/Wn3zUAZgFx #securitiesexchange #tax #artificialintelligence #marketing @SEC_Enforcement https://t.co/SdNe3hHIB4
Former #Crypto Tycoon and Now Convicted Inmate Bankman-Fried Settles With Investors https://t.co/PAIGOzd5Wc
As expected, Sam Bankman-Fried's legal team has filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. Here's a look at what that means 👇https://t.co/AVVQ4aUeN5
Bankman-Fried agrees to help in lawsuit targeting FTX celebrity endorsers https://t.co/LwQnkTNQ27
#FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities https://t.co/PAIGOzd5Wc
🚨 BREAKING: FTX Bankman-Fried Strikes Deal to Pursue Celeb Promoters for $1.3M Investors drop lawsuit against SBF in exchange for info on celebrity promoters like Shaquille O'Neal & Tom Brady who are accused of promoting FTX. The $1.3 million settlement involves the… https://t.co/y8wutv9DiP
Filing: a group of FTX investors and customers agree to drop their claims against SBF if he cooperates in cases against celebrities and others who pushed FTX (Bloomberg) https://t.co/hfbhVDOEyC 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/XVrS4XeZsE
SEC’s Enforcement Authority Over Crypto Asset Transactions Upheld (Again) in Case Against Coinbase https://t.co/HTVCmn9LfT #crypto #coinbase #securitiesexchange @SDNYnews https://t.co/HvJNbF5UyJ
SEC’s Enforcement Authority Over Crypto Asset Transactions Upheld (Again) in Case Against Coinbase https://t.co/cSjvWc18tX | by @Mintz_Law
Important Deadline in SEC v. @Coinbase Anyone interested in filing an Amicus Brief in support of @Coinbase's motion for interlocutory appeal must do so by April 26, 2024. Will industry associations, members of Congress & the underlying project leaders step up before it is too…