The Golden State Warriors and star Stephen Curry are named among a list of other high-profile backers in a class-action lawsuit filed this week following the swift collapse of cryptocurrency firm FTX, which filed for bankruptcy last week.
“FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors from across the country, who utilize mobile apps to make their investments,” Oklahoma resident Edwin Garrison said in a complaint filed Tuesday in federal court in South Florida. “As a result, American consumers collectively sustained over $11 billion dollars in damages.”
“Although many incriminating FTX emails and texts have already been destroyed, we located them,” Garrison’s legal team claimed in the complaint.