Shaquille O’Neal Reaches Settlement in FTX Lawsuit for $1.8 Million

Shaquille O’Neal, the basketball legend, has settled a lawsuit filed against him by investors over his 2022 promotional activities with cryptocurrency exchange FTX. The settlement, totaling $1.8 million, reflects a resolution to investor claims without indicating any personal liability for O’Neal. This case is part of a larger legal context surrounding the FTX scandal, where numerous celebrities and figures participated in promoting the platform.