Steph Curry has been caught up within the ugly demise of FTX, which peaked as one of many world’s largest crypto exchanges however has since declared chapter.
Curry and the Warriors have been listed as defendants within the class motion lawsuit filed in opposition to FTX’s founder, Sam Bankman-Fried, and quite a few big-name endorsers together with Tom Brady, Larry David and Naomi Osaka.
Shaq’s title was additionally listed within the swimsuit, which ought to come as no shock contemplating the strictly restricted variety of merchandise available on the market that he hasn’t promoted.
The crypto traders behind the swimsuit declare Curry, Shaq and others have deceptively marketed FTX’s merchandise.
Curry was additionally accused of driving “adoption of the Deceptive FTX Platform” and promoting accounts to “unsuspecting and unwitting retail consumers”.
The Warriors had been talked about due to their partnership with FTX, which included on-court signage and an NFT partnership.
Crypto has lengthy been thought to be a dangerous funding, with the volatility of the market that means the funding you hope will flip right into a Lambo may the truth is change into barely sufficient to purchase a 2009 Kia Sportage.
But for others, like Steph, the principle headache stemming from the crypto world is being dragged by means of the courts.
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