Shaquille O’Neal Dumps $1.8M to Escape FTX Fiasco! 😲
Once upon a time in a land of big baskets and even bigger blunders, our friend Shaquille “Shaqtoshi” O’Neal found himself tangled up in a financial spaghetti mess called FTX. Yes, the crypto exchange that went ker-BOOM and left everyone scratching heads like confused chickens. 🐔💸
After years of being accused of helping spread the word about FTX’s fancy “I Am All In” campaign, Shaq finally decided, “Alright, alright, I’ll pay!” So, he’s coughing up a cool $1.8 million to hush the courtroom shouting. A tiny price for a giant like Shaq—to buy peace, and maybe some new sneakers. 💰👟
Picture this: the lawsuit was filed back in November, accusing Shaq of misleading investors who thought he was some kind of crypto wizard. Instead, he just looked like a tall guy promoting a fancy hot air balloon. The legal firm, Moskowitz, served him right outside his Atlanta castle—erm, house—recording every moment on camera. Talk about a Hollywood moment! 🎥🏠
UPDATE: Plaintiffs just served Shaq outside his house. His home cameras caught everything! Don’t even think about deleting or erasing those tapes – they’re the star witnesses now! — The Moskowitz Law Firm (@moskowitzesq) April 17, 2023
Meanwhile, a gaggle of additional celebrities was also caught in this money maze, with claims swelling up to a staggering $21 billion. Shaq, being the laid-back guy, kept saying, “Hey, I was just a paid spokesguy, not the puppet master!” But the legal dance dragged on longer than a summer vacation, stubbornly refusing to end.
If the court gives the thumbs-up, that $1.8 million will be handed over to the unlucky investors—who probably hoped for a quick snack but got a hefty bill instead. And Shaq? He’ll be off the hook, free from the FTX shenanigans, with no more baggage or receipts needed. 🎒🚫
Meanwhile, FTX itself is still juggling its pile of unpaid bills and angry customers—like a clown trying to keep too many balls in the air. 🤹♂️
FTX Turns to Payoneer to Pay Back the Pals
Fast forward to June 10, 2025—FTX decided to buddy up with Payoneer to pay back the folks who lost their pennies. Alongside other helpers like BitGo and Kraken, they’re working hard to return those hard-earned dollars. 💪💵
This isn’t their first rodeo; in February, FTX managed to cough up $1.2 billion for small losses. Come May, they announced another plan to send out a whopper $5 billion more—talk about a comeback! Well, sort of…
Experts say FTX’s epic collapse was caused by crooked deals, sneaky mischief, and executives playing fast and loose with customer cash. Its boss, Sam Bankman-Fried—better known as SBF—is now chilling in prison for 25 years, probably dreaming of basketballs and bank accounts. 🏀🔒
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2025-06-13 14:21