Securities and Exchange Commission accused FTX founder and former CEO Sam Bankman-Fried of orchestrating “brazen” years-long fraud, misusing customer funds to benefit himself and his crypto hedge fund, Alameda Research. Texas was separately investigating some celebrity FTX endorsers for potentially violating state securities laws, Bloomberg reported in November 2022. ![]() Rose Hall, Jazz at Lincoln Center on in New York City. ![]() NBAE via Getty Images Shaquille O’Neal attends the 44th Annual Sports Emmy Awards at Frederick P. Warriors point guard Steph Curry shoots the ball during Game 6 of the Western Conference Semifinals against the Lakers on at Arena in Los Angeles, California. The lawsuit alleges that FTX’s spokespeople “either controlled, promoted, assisted in actively participated” in a plot to “aggressively market” the company, per CNBC. “I’m excited to be partnering with FTX to help make crypto accessible to everyone,” Shaq said in the commercial. Shaq did not explain the matter further, and a spokesperson for Curry declined to comment at the time. “A lot of people think I’m involved, but I was just a paid spokesperson for a commercial,” he said. In a December 2022 interview with CNBC, Shaq said his friendship with Curry was the reason he agreed to appear in the FTX commercial. Shaquille O’Neal at Kaseya Center in Miami with TNT for the Eastern Conference Finals between the Heat and Celtics on May 23, 2023. In November 2022, Shaq was named a defendant in a class-action lawsuit against now-bankrupt cryptocurrency exchange FTX for promoting the company in a June commercial.Ĭurry, along with a number of athletes and celebrities, including Tom Brady and his ex-wife Gisele Bündchen and comedian Larry David, were also named in the lawsuit.Ĭurry also starred in an FTX commercial with O’Neal as the narrator. Tuesday’s “Inside the NBA” was filmed on-site at the Heat’s home arena, which was formerly named FTX Arena and was renamed Kaseya Center on a 17-year deal in April after the FTX scandal. It was the perfect moment for a transition from Charles Barkley, who asked about the eighth edition of The Match on Jwhen Curry and his Warriors teammate Klay Thompson will face the star Chiefs duo of Patrick Mahomes and Travis Kelce in a game of golf.įTX? /sdZr0LISWM- Rob Perez Warriors point guard Steph Curry on TNT’s “Inside the NBA” on May 23, 2023. Shaq and Curry then started laughing, and neither elaborated on the joke - which NBA Twitter speculated was about their alleged involvement in the FTX lawsuit that was made public last year. Be quiet.”īloomberg reports that after multiple failed attempts, Shaq was served in the lawsuit Tuesday night during the coverage of the Heat-Celtics series. ![]() “I just want to say congratulations my brother and thanks for getting me in trouble. “You’re my favorite player,” Shaq told Curry, who appeared virtually on the show after the NBA announced that he won the Kareem Abdul-Jabbar Social Justice Champion Award for the first time in his career. The Basketball Hall of Famer and the star Warriors point guard shared a laugh when Shaq cryptically hinted at Curry causing him trouble on Tuesday’s installment of “Inside the NBA.” Shaquille O’Neal and Steph Curry appear to have an inside joke about the infamous FTX lawsuit. Shaq surprises family with major Home Depot purchase Is Victor Wembanyama really the NBA’s next game-changer? Look at the ‘generational’ pick history Shaq buys huge fish to troll Charles Barkley Shaq gets candid about destroying relationships with ‘two perfect women’
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