Page 5 - Edwin Garrison News Today

Some of biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.

Now, anyone who bought into FTX then or at any other time is likely wishing they had listened to David’s character.

FTX's implosion earlier this month rocked the crypto industry. After traders withdrew $6 billion in three days from the platform following news of an FTC investigation into...

Due to their participation in the collapsed cryptocurrency exchange FTX, a handful of sports celebrities are being sued, including Tom Brady, Stephen Cury, and many more.

The class-action lawsuit alleges FTX, along with promotions from celebrities like Stephen Curry and Shaquille O'Neal, misled consumers and caused billions in losses.

Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.

As if the Warriors and Curry didnt have enough problems with their 6-9 start, now theyre in legal trouble as well. Lets hope that their defense in a court of law is better than their defense on the basketball court.

The lawsuit alleges that FTX used some of the biggest sports stars in the nation "to drive consumers to invest in what was ultimately a Ponzi scheme."

NFL star Tom Brady, his ex-wife model Gisele Bündchen, comedian Larry David, and other celebrities are being sued by cryptocurrency investors following the collapse of FTX.

The two sports legends and the businessman are defendants in a lawsuit against the FTX cryptocurrency exchange.