Thursday, December 5, 2024
HomeCryptoThe Big Diesel's Big Trouble: The FTX Meltdown Saga Continues

The Big Diesel’s Big Trouble: The FTX Meltdown Saga Continues

After months of successful evasion, NBA icon Shaquille O’Neal, known affectionately as “Shaq,” finally received lawsuit papers tied to his promotional activities for FTX.

Shaq, a giant in more ways than one, has proven surprisingly elusive over the past months, successfully dodging legal summons connected to FTX’s collapse. But, as they say, all good things come to an end, and he was eventually served while offering commentary on the Celtics vs. Heat playoff game. Ironically, this took place in the arena formerly known as FTX Arena. You can’t make this stuff up.

So, what’s the beef? Shaq, along with ten other celebrities, is facing legal action for his paid advertisements promoting FTX, a crypto company that came tumbling down amidst allegations of widespread fraud. Additionally, he received a second complaint related to a purportedly dubious NFT venture.

This has been an expensive game of cat and mouse, or should we say Shaq and mouse. Legal teams have shelled out a whopping $100,000, deploying over two dozen process servers – professionals hired to notify defendants of pending legal action – across Texas, Georgia, and Florida in attempts to hand-deliver court documents to O’Neal.

One process server threw in the towel after receiving a disconcerting text message referencing his wife from an individual who appeared to be familiar with Shaq. O’Neal’s legal team contests a claim from attorneys who say they successfully served papers last month when these were flung at his vehicle as he drove away.

While Shaq’s saga might have reached a climax, two other high-profile figures are still on the legal radar: Google co-founder Larry Page and Church of Scientology leader David Miscavige. They’re sought for questioning in a federal case and alleged human trafficking connection, respectively. Like Frank Abagnale, these figures are proving adept at staying one step ahead. The chase continues!

LATEST

EXPLORE