Other
"Tom Brady, Giselle Bündchen, Larry David & Steph Curry Caught In FTX Crypto Fallout With Class Action Suit"
Primary Source ↗Incident Details
A class action lawsuit has been filed against Sam Bankman-Fried and a slew of celebrities who helped to promote FTX as a safe place to hold and trade crypto. Defendants include Tom Brady, Gisele Bündchen, Steph
Curry, Shaquille O’Neal, David Ortiz, Naomi Osaka, and Larry David.The suit alleges that the celebrities violated the anti-touting provisions of securities laws by failing to disclose the nature, scope, and amount they were compensated to promote the platform.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- FTX celebrities class action filed
Timeline
- 2022-11-16 Breach occurred
- 2022-11-16 Publicly disclosed