Shaq’s NFT Venture Concludes with $11 Million Settlement

Eleven million dollars. That’s the price Shaquille O’Neal paid to settle a class-action lawsuit alleging the sale of unregistered securities through his promotion of the Astrals NFT project—a stunning blow that underscores the regulatory Wild West of the cryptocurrency market and the perilous risks of celebrity endorsements. The Astrals NFT Project Implodes The lawsuit, filed in September... source: https://news.shib.io/2024/11/20/shaqs-nft-venture-concludes-with-11-million-settlement/?utm_source=rss&utm_medium=rss&utm_campaign=shaqs-nft-venture-concludes-with-11-million-settlement