Tom Brady and Larry David among those accused of defrauding investors in FTX collapse
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
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Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
As if the Warriors and Curry didn't have enough problems with their 6-9 start, now they're in legal trouble as well. Let's 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.