Shaquille O’Neal has settled with investors claiming losses from the failed cryptocurrency exchange FTX, as noted in a recent court filing. The specific terms and amount of the settlement have not been disclosed but are expected to be revealed when investors seek preliminary court approval. This lawsuit is part of a larger $21 billion claim against several individuals and entities linked to FTX, including other high-profile celebrities like Tom Brady and Gisele Bündchen. O’Neal, along with these personalities, was accused of promoting FTX and thus contributing to the financial losses experienced by investors. Notably, there were challenges in legal proceedings aimed at serving O’Neal during the initial stages of the lawsuit. This settlement follows O’Neal's involvement in another class-action lawsuit concerning the promotion of the Solana-based Astrals NFT project, which also faced scrutiny as potential unregistered securities. A Miami court had dismissed some claims related to that lawsuit in August 2024.

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