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NBA legend Shaquille O’Neal has confidentially settled a lawsuit tied to his promotion of the collapsed crypto exchange FTX. The agreement comes as FTX creditors prepare for another round of repayments, while facing new phishing threats.
- O'Neal's settlement follows similar legal action over his 2022 Astrals NFT promotion, which resulted in an $11M payout.
- FTX creditors face new phishing threats exploiting leaked data, with scammers impersonating official communications.
- The exchange has already distributed $1.2B to small-balance claimants, with another payment round beginning in May.
📎 Related coverage from: cryptoslate.com