The reigning NBA champions paused all FTX-related promotions last week.
The Golden State Warriors were named in a lawsuit Monday alleging the bankrupt cryptocurrency exchange FTX used the reigning NBA champions to fraudulently promote its platform, as more sport enterprises continue to distance themselves after FTX’s recent collapse.Key Facts
Elliott Lam, a Canadian citizen and Hong Kong resident, sued the Warriors, FTX founder Sam Bankman-Fried and Alameda Research CEO Caroline Ellison in San Francisco. Lam claims he lost $750,000 in his FTX account after using the now-bankrupt cryptocurrency exchange and is seeking damages in the proposed class-action suit for anyone with a FTX yield-bearing account located outside of the U.S.
Lam alleges the Warriors, Bankman-Fried and Ellison promoted FTX as a “viable and safe way to invest in crypto” and “reasonably should have known that all these claims … were untrue or misleading.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
FTX hacker dumps 50,000 ETH, still among top 40 Ether holdersThe FTX hacker drained nearly $447 million out of multiple FTX global and FTX.US exchange wallets just hours after the crypto exchange filed for Chapter 11 bankruptcy on Nov. 11.
Consulte Mais informação »
FTX-acquired Liquid pauses trading five days after suspending withdrawalsLiquid was instructed to pause trading by the legal team acting for FTX.
Consulte Mais informação »
The FTX collapse not enough to break crypto community’s spirit: IBW 2022Istanbul Blockchain Week was held in Turkey, and one Cointelegraph editor was there to experience the impact of the FTX collapse firsthand — the result was unexpected.
Consulte Mais informação »
FTX-owned Liquid exchange pauses all trading after withdrawal haltThe Japanese cryptocurrency exchange Liquid is halting all trading due to FTX filing for Chapter 11 bankruptcy protection in the United States.
Consulte Mais informação »
Bitcoin drops to 1-week low, ether slides 7% as FTX collapse ripples through crypto marketThe cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light.
Consulte Mais informação »