Shaquille O’Neal is one of the biggest celebrities in the world. The NBA legend made his mark, not only on the basketball court but through so many other avenues as well. He’s a famous DJ, used to be a rapper, has worked in countless advertisements and endorsements, and is also an on-air analyst.
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One of these endorsements was FTX. The former Crypto giant worked with Shaq through endorsements and events ‘to help make crypto more accessible for everyone.’ However, when FTX went down, the general public suffered damages of nearly $11 Billion in damages.
The people came together for a class-action lawsuit against FTX’s celebrity ambassadors. The list included Shaquille O’Neal, Tom Brady, Stephen Curry, and more. The celebrities are getting sued for $5 Billion worth of damages. After ducking getting served for months, Shaq was finally served a few days ago.
UPDATE: Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house. His home video cameras recorded our service and 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 Moskowitz Law Firm (@moskowitzesq) April 17, 2023
Shaquille O’Neal could’ve avoided the lawsuit just like Taylor Swift
One of the ways Shaq built his massive net worth was through advertisements and endorsements. From car washes to tampons, Shaq had his face on everything. According to him, FTX was no different. When the collapse happened, this is what Shaq had to say,
“A lot of people think I’m involved, but I was just a paid spokesperson for a commercial.”
However, he could have avoided the lawsuit and getting his name involved with FTX if he had been vigilant like Taylor Swift. According to Adam Moskowitz, one of the lawyers on the lawsuit, “In our discovery, Taylor Swift actually asked that. ‘Can you tell me that these are not unregistered securities?’”
Apparently, Swift was supposed to sign a $100 Million sponsorship deal but rejected it after she didn’t get the answers to her questions.
Taylor Swift was in talks to sign a $100m sponsorship deal with FTX.
But then actually asked “can you tell me that these are not unregistered securities?” and the deal fell through. pic.twitter.com/WNsVa9ONbw
— Trung Phan (@TrungTPhan) April 19, 2023
If only Big Diesel had asked the same questions.
Taylor Swift is rumored to be dating F1 driver Fernando Alonso
Fernando Alonso is one of the most accomplished F1 racers. He has 101 podiums to his name. Three of them came in the current F1 season, getting the 3rd spot in all of the races so far. Alonso recently broke up with long-time girlfriend, Andrea Schlager.
On top of that, the singer-songwriter is also rumored to have broken up with her boyfriend, Joe Alwyn. One thing led to another, and fans on the internet started spreading the rumor that the Aston Martin driver was linked with Taylor Swift.
i have tears in my eyes pic.twitter.com/bV2NmUFFXh
— emi 🏒 (@maraneIlo) April 20, 2023