Class-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.
to the Securities and Exchange Commission to settle charges over its offering of such yield-bearing accounts .
The lawsuit states that a part of FTX's scheme was to enlist celebrities"to raise funds and drive American consumers to invest in the YBAs" to keep the exchange afloat.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warriors, Steph Curry being sued along with Tom Brady, others over FTX endorsementFTX and its former CEO, Sam Bankman-Fried, were sued over claims the platform targeted “unsophisticated investors” using celebrity endorsers including Tom Brady, Gisele Bundchen, Shaquille O’Neal, …
Read more »
Sam Bankman-Fried, Tom Brady scrub FTX tweets after crypto exchange meltdownThe missing tweets include both old missives from Bankman-Fried himself as well as his retweets.
Read more »
TSM FTX drops FTXFTX had signed a huge sponsorship deal with TSM.
Read more »
Tom Brady, on two-game winning streak, makes noticeable social media changeTom Brady has led the Tampa Bay Buccaneers to back-to-back wins and on Monday made a big and very noticeable change to his Twitter profile.
Read more »
Tom Brady removes Gisele Bündchen from Twitter header weeks after divorceTom Brady looks to have done what most people do when they’ve gone through a breakup and their ex appears to already be in the arms of another — change your social media profile photos.
Read more »
Gisele Bündchen’s pics with Joaquim Valente ‘show Tom Brady what he’s missing’Sources who know Tom Brady and Gisele Bündchen say the Brazilian supermodel is sending a message to her ex by posing in flagrante with jiu-jitsu hunk Joaquim Valente.
Read more »