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Shaquille O’Neal Says ‘I Don’t Understand Crypto’ After Being Named in Lawsuit Over FTX Collapse

The American basketball legend Shaquille O'Neal has defended his appearance in ads for the collapsed cryptocurrency firm FTX, arguing he was "just a paid spokesperson".

The NBA star turned television analyst was named in a class-action lawsuit against the exchange last month, which alleged stars who promoted the platform brought it credibility.

It argues that the likes of O'Neal, NFL veteran Tom Brady, comedian Larry David and tennis player Naomi Osaka were therefore just as culpable as Sam Bankman-Fried, the FTX founder, who has been charged over its downfall.

(By By Tom Acres)

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