Celebrities"have either invested in FTX or been brand ambassadors for the company" and hyped the exchange in ads and on social media, court papers say.
The celebrities helped promote the exchange, which declared bankruptcy in the United States last week in a meltdown that has reverberated across the digital currency landscape and drawn scrutiny from authorities in multiple countries. American football star Tom Brady and his supermodel ex-wife Gisele Bundchen, retired basketball great Shaquille O'Neal, tennis Grand Slam champion Naomi Osaka, actor/comedian Larry David, and Shark Tank investor Kevin O'Leary were among those named alongside FTX founder Sam Bankman-Fried in the suit filed in Miami federal court on Tuesday.
"FTX's fraudulent scheme was designed to take advantage of unsophisticated investors from across the country," the lawsuit alleges.
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Tom Brady, Larry David and other celebrities named in FTX lawsuitClass-action lawsuit alleges that the crypto platform FTX and former CEO Sam Bankman-Fried violated Florida law, misled customers and cost investors billions of dollars in damages. Zelenskyy had a friend in SBF and Biden. Americans do not have a friend in Zelenskyy. He and others like him are why NATO wanted no part of them. We in USA are the schmucks and suckers that make oligarchs out of Zelensky, SBF, and Biden family while Ukraine people die. Larry be like ToolWfh Full defendant list.
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