
FTX founder Sam Bankman-Fried and a string of A-list celebrities who backed his failed crypto trading platform have been sued in a class action lawsuit worth $11 billion.
The suit filed in Florida names stars including Tom Brady, Gisele Bundchen, Shaquille O’Neal, Steph Curry and Larry David.
It claims Bankman-Fried, 30, and the celebrities he recruited to endorse FTX are behind losses to American consumers valued at $11 billion.
This just keeps getting better. Celebrity endorsements of worthless coins and other digital scams should have been outlawed long ago.
