Shaquille O’Neal to Pay $1.8M in Settlement Over FTX Promotion Lawsuit

NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit brought by investors in the collapsed crypto exchange FTX, according to several media reports this week.The investors allege that O’Neal misled them by appearing in ads for the collapsed cryptocurrency exchange. The payout is about $1 million more than the $750,000 O’Neal was reportedly paid for his role in an FTX commercial source: https://www.coindesk.com/markets/2025/06/14/shaquille-oneal-to-pay-18m-in-settlement-over-ftx-promotion-lawsuit