Shaquille O’Neal Reaches Settlement in Lawsuit Regarding FTX Endorsement

NBA legend Shaquille O’Neal has reached a settlement agreement regarding the lawsuit stemming from his involvement with the cryptocurrency exchange FTX. This legal case, as part of a wider investigation into FTX’s controversial handling of customer funds by founder Sam Bankman-Fried, has implicated numerous high-profile individuals in the crypto industry. Details about the settlement remain undisclosed but are pending judicial approval. 750,000 dollars was initially paid to O’Neal for his promotional work with FTX.