Shaquille O’Neal can finally breathe a sigh of relief. The basketball legend turned businessman and TV personality has agreed to pay $1.8 million to settle a class-action lawsuit over his role in promoting the now-defunct cryptocurrency exchange FTX. While the payment closes a legal chapter for the former Laker, it also marks a turning point […]
Sam Bankman-Fried Thrown Into Solitary Over Tucker Carlson Interview: Report
Tucker Carlson’s interview with disgraced crypto CEO Sam Bankman-Fried, which was distributed online Thursday, appeared to be a transparent ploy to get media attention with the goal of ultimately scoring a pardon from President Donald Trump. But it sounds like SBF is now paying a price for the interview. The former billionaire has reportedly been […]
FTX’s Bankruptcy Proves Going Broke Ain’t Cheap
According to a report from Bloomberg, the ongoing bankruptcy case of the collapsed cryptocurrency exchange/pseudo ponzi scheme FTX has racked up nearly $1 billion in lawyer fees—and that figure continues to climb as firms continue to try to unwind Sam Bankman-Fried’s mess and make creditors whole. Per Bloomberg, $948 million has already been paid to […]