- An Oklahoma resident is suing FTX founder Sam Bankman-Fried and the celebrities who endorsed the platform.
- Tom Brady, Giselle Bündchen, Stephen Curry and Larry David are among some of those charged.
- But lawyers are finding it particularly difficult to hand over documents to Shaquille O’Neal, Forbes reports.
Lawyers are having difficulty serving documents on Shaquille O’Neal for a lawsuit involving the FTX debacle, according to a Forbes report.
Shaq is one of many defendants in a class action lawsuit that was filed in November shortly after FTX, a cryptocurrency exchange, crashed. The lawsuit alleges that the company and its founder, Sam Bankman-friedmisled and “took advantage of unsophisticated investors”, and celebrity backers failed to do due diligence before marketing FTX products to the public.
The plaintiff, Edwin Garrison, an Oklahoma resident, claims that he opened an account with FTX after “being exposed” to the defendants’ “misrepresentations and omissions.”
A wide cast of celebrities joined the costume: Tom Brady, Gisele Bündchen, Stephen Curry and Larry David, among others. And, according to the lawyers, all have been contacted, all except Shaq.
Shaq’s attorney did not immediately respond to a request for comment.
“We have gone to great lengths (4 different utility companies) trying to get all of you served with our Complaint…Others have been more difficult to serve and are now joining these procedures, either pro se or through a lawyer,” Garrison’s lawyers wrote in an email sent to the defendants Tuesday, which was obtained by Forbes. for these complaints.
Shaq was one of the sports celebrities to appear in FTX promotions and even hosted a music festival. Shaq’s Fun House, which was sponsored by the exchange platform. But lawyers are having trouble getting through to the 7-foot-1 former Lakers center, even in his own home, Forbes reported.
According to an email from the lawyers published by Forbes, Shaq managed to evade lawyers for “almost 4 weeks.”
“The only remaining defendant who accepted service of the lawsuit is Mr. Shaquille O’Neal, who we know has disputed the existence of this case, but apparently continues to actively evade service and refuses to open his front door. when approached by our process. servers,” an email from Garrison’s attorneys read.
Shaq previously tweeted that he had partnered with FTX to “help make cryptocurrency more accessible to everyone,” appearing in a light-hearted announcement for the platform.
—SHAQ (@SHAQ) June 1, 2022
But in the weeks after FTX’s collapse and bankruptcy filing, Shaq distanced himself from the company.
“A lot of people think I’m involved, but I was just a paid spokesperson for a commercial.” said in an interview with CNBC.
