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FTX's Bankman-Fried, celebrity promoters sued in US by crypto investors
short by Ambarish Awale / 10:57 pm on 16 Nov 2022,Wednesday
FTX Founder Sam Bankman-Fried and several celebrities who promoted the exchange have been sued in the US over alleged deceptive practices to sell FTX yield-bearing digital currency accounts. The class action lawsuit alleged that crypto investors have sustained $11 billion in damages. The lawsuit seeks unspecified damages from Bankman-Fried and 11 athletes and celebrities who promoted FTX #news101