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Sunday, April 28, 2024
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Law

Shaq Finally Served As FTX Fallout Continues

  • A Miami-based law firm says Hall of Famer “running from us for three months.”
  • Shaq, Tom Brady, and Steph Curry were named as defendants in a class-action lawsuit filed against FTX.
Shaquille O'Neal was served court papers in FTX case.
Darren Yamashita-USA TODAY Sports

NBA legend Shaquille O’Neal has finally been tracked down by a Florida law firm representing thousands of investors in a lawsuit against the collapsed crypto exchange FTX. 

The Miami-based Moskowitz Law Firm tweeted that O’Neal had been “running from us for three months” as lawyers tried to serve legal papers to the “NBA on TNT” analyst for his role in promoting FTX. The firm said lawyers stood outside TNT’s Atlanta studios all week hoping to hand their legal complaint to Shaq, but security didn’t allow them in the building. 

On Sunday, the firm said it served legal papers to him outside his house, an encounter captured on video surveillance cameras. 

“We made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit,” the law firm tweeted. 

Moskowitz said O’Neal was the only FTX celebrity endorser evading them and “all other FTX celebrities have agreed to receive their complaints.” 

Shaq, Tom Brady, and Steph Curry were named as defendants in a class-action lawsuit filed against FTX in Florida last November claiming U.S. consumers sustained over $1 billion in damages from the collapse. 

A video uploaded in June 2022 to FTX’s Twitter account introduced Shaq as the company’s newest partner. O’Neal helped promote FTX despite telling CNBC that he didn’t understand cryptocurrency.

Shaq told FOS in 2021 that he tried to avoid crypto partnerships.

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