Lawsuit targets FTX and promoters, including Tom Brady, Shaq. Feds open criminal probe

Published by
Miami Herald

FTX Exchange, the once high-flying cryptocurrency trader with its name emblazoned on the Miami Heat arena, has been targeted in a new lawsuit that also names 11 of its big-name advertising promoters, including football icon Tom Brady and his ex-wife, supermodel Gisele Bundchen, as well as NBA legend and former Heat star Shaquille O’Neal. The civil lawsuit filed in Miami federal court is far from the only legal problem for the Bahamas-based company, whose filing for bankruptcy has shaken the cryptocurrency markets. The company is already under federal scrutiny for potential securities violation…

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