• Loading stock data...
Saturday, March 29, 2025
Nominations Are Open for Front Office Sports Honors! Submit Now
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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

UFL Kicking Off 2025 Season With Labor Fight Still Simmering

The league’s first game is still on, even without a labor deal in place.

Prime Pay: Colorado Gives Deion Sanders $54 Million Extension

Coach Prime has signed a contract extension through 2029.

Cooper Flagg’s Sweet 16 Performance Fuels NBA Tanking Debate

The Duke star shined as the Blue Devils advanced to the Elite Eight.

Rays Home Opener Clouded by Stadium Drama, Mounting Criticism

Both Major League Baseball and Pinellas County call out the embattled franchise.

Featured Today

Mar 27, 2025; Newark, NJ, USA; Alabama Crimson Tide guard Chris Youngblood (8) and the Alabama Crimson Tide bench celebrate during the second half against the Brigham Young Cougars during an East Regional semifinal of the 2025 NCAA tournament at Prudential Center.

How Alabama Became College Basketball’s Newest Juggernaut

The Crimson Tide have found success rivaling their historic football program.
Kendall Coyne Schofield
March 25, 2025

Kendall Coyne Schofield Wants More for the Next Wave of Mom-Athletes

The Walter Cup–winning Frost captain says small changes mean “everything.”
Dec 21, 2024; Hartford, Connecticut, USA; UConn Huskies guard Paige Bueckers (5) looks to pass the ball against USC Trojans guard JuJu Watkins (12) in the first half at XL Center.
March 23, 2025

‘More Value to Be Had’: Were Women’s March Madness Media Rights Undersold?

Could the NCAA have gotten millions more in its latest TV deal?
Mar 20, 2025; Lexington, KY, USA; Creighton Bluejays forward Jasen Green (0) dunks the ball during the second half against the Louisville Cardinals in the first round of the NCAA Tournament at Rupp Arena
March 22, 2025

Basketball-Only Schools Could See Power Surge After House Settlement Approval 

Football teams might monopolize the revenue-sharing dollars at power conference schools.
Feb 5, 2025; New Orleans, LA, USA; The ESPN logo at the Super Bowl LIX media center at the Ernest N. Morial Convention Center.
exclusive

ESPN Is Accused of Harassment, Retaliation in Legal Letter From Exec Editor

Cristina Daglas has been on administrative leave since January.
Juan Soto
March 18, 2025

MLBPA’s NIL Suit Against DraftKings Can Continue, Judge Says

The sportsbook failed to get the case dismissed.
A set of trading cards
March 19, 2025

New Suit Alleges Fanatics ‘Monopoly’ Increased Trading Card Prices 

The suit also names the NBA, NHL, and NFL as defendants.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Nick Kyrgios reacts to a point against Botic van de Zandschulp in the first set of their first-round match at the BNP Paribas Open in Indian Wells, Calif., Thursday, March 6, 2025.
March 18, 2025

Novak Djokovic’s PTPA Sues Tennis ‘Cartel’

The 163-page lawsuit was filed in three countries and seeks to reshape the sport.
Jan 5, 2025; Glendale, Arizona, USA; Arizona Cardinals wide receiver Marvin Harrison Jr. (18) and tight end Trey McBride (85) against the San Francisco 49ers at State Farm Stadium.
March 14, 2025

Marvin Harrison Jr., Fanatics End 10-Month-Long Legal Battle

Fanatics initially filed the lawsuit last May for breach of contract.
Dec. 18, 1982; New York, NY, USA; FILE PHOTO; Miami Dolphins quarterback David Woodley (16) is pursued by New York Jets defensive end Mark Gastineau (99) at the Orange Bowl.
March 13, 2025

Mark Gastineau Sues ESPN for $25 Million, Alleging Deceptive Editing of Favre..

Gastineau is a Pro Football Hall of Famer who played from 1979 to 1988.
Ryan Wedding
March 7, 2025

Feds Put $10 Million Bounty on Olympic Snowboarder for Drug Trafficking, Murder

Ryan Wedding competed at the 2002 Winter Games for Canada.