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Basketball legend Shaquille O’Neal remains a defendant in a class-action lawsuit over his promotion of the Astrals NFT project. The case alleges the sale of unregistered securities, marking another high-profile celebrity entangled in crypto legal troubles.
- The lawsuit alleges Astrals NFTs were unregistered securities, with O'Neal's promotional role central to the case.
- O'Neal's Discord message ('I'M NOT FUCKING LEAVING') is cited as evidence of his involvement before the project's collapse.
- The ruling could influence future cases involving celebrity endorsements of crypto projects, amid increasing regulatory focus.
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