NBA star Shaquille O'Neal pays $1.8 million to settle lawsuit against the endorsement of an encryption platform.

[Golden Finance] On June 12, news emerged that NBA star Shaquille O'Neal has agreed to pay $1.8 million to settle a class action lawsuit stemming from the promotion of a now-bankrupt trading platform, with the settlement requiring court approval. Earlier reports indicated that the plaintiffs accused O'Neal of promoting unregistered securities by presenting the platform as a safe and legitimate one at events and on social media. O'Neal had previously stated that he was merely a "paid spokesperson" for the platform.

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HypotheticalLiquidatorvip
· 8h ago
The cost is too cheap.
Reply0
ValidatorVikingvip
· 22h ago
Influencers learn expensive protocol lessons
Reply0
DefiPlaybookvip
· 22h ago
Endorsements also require due diligence.
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MoonRocketTeamvip
· 22h ago
Blown to the core of the earth
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DefiEngineerJackvip
· 23h ago
Celebrity endorsement is costly fam
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