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Shaq Got Nearly $750,000 From FTX Amid Millions In Celebrity Deals

Court documents reveal that FTX, the failed cryptocurrency exchange, paid out hundreds of thousands of dollars to celebrities like Shaquille O’Neal, Naomi Osaka, and David Ortiz for marketing and sponsorship deals. The company is now working to identify all outstanding payments made in prior years to cover its debts. FTX’s extravagant promotions included hosting high-profile guests and purchasing naming rights for the Miami Heat Stadium.

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Sep 10, 3:42 pm

Decrypt

Hacker Steals Over $690,000 After Hijacking Vitalik Buterin’s Twitter Account

Ethereum creator Vitalik Buterin has been hacked on Twitter, resulting in the theft of 691,000 from users who clicked on… Read Summary

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Sep 10, 3:18 pm

Decrypt

Shaq Got Nearly $750,000 From FTX Amid Millions In Celebrity Deals

Court documents reveal that FTX, the failed cryptocurrency exchange, paid out hundreds of thousands of dollars to celebr… Read Summary

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Sep 10, 11:09 am

Cointelegraph

FTX Sues LayerZero Labs to Recover $21 Million

FTX, the bankrupt crypto exchange, has filed a lawsuit against LayerZero Labs, seeking to recover $21 million in alleged… Read Summary

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Sep 10, 8:42 am

The Block

FTX’s Court Filing Reveals Payments to Celebrities Made Under Former CEO Sam Bankman-Fried

A court filing from FTX reveals details of marketing and sponsorship deals made under former CEO Sam Bankman-Fried, incl… Read Summary

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Sep 9, 1:15 pm

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Ted Cruz Says He Is a ‘Big Believer’ In Bitcoin Mining

Senator Ted Cruz has expressed his support for the Bitcoin mining industry in Texas, highlighting its benefits in enhanc… Read Summary

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Sep 9, 10:01 am

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Ripple to Acquire Crypto Custodian Fortress Trust

Ripple has announced its intention to acquire Fortress Trust, a web3-focused financial and technology infrastructure pro… Read Summary

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Sep 8, 10:28 pm

Cointelegraph

U.S. Rep Tom Emmer Slams SEC Chair Gary Gensler, Urges Congress to Clip the Agency’s Wings

Tom Emmer, the Majority Whip of the U.S. House of Representatives, has introduced an amendment criticizing SEC Chair Gar… Read Summary

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Sep 8, 8:29 pm

Coindesk

NounsDAO Faces a Treasury Split As NFT Holders Seek a Better Price

NounsDAO is facing a treasury split as a significant number of NFT holders are seeking to conduct a rage quit. Instead o… Read Summary

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Sep 8, 4:20 pm

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ChatGPT Plus vs Claude Pro: Choose The Best Paid AI Chatbot For You

Claude has launched its premium service, Claude Pro, which competes with OpenAI’s ChatGPT Plus. Claude Pro can process u… Read Summary

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Sep 8, 1:59 pm

Decrypt

US Crypto Donation Regulations ‘Overly Burdensome’ Says Giving Block

The Giving Block, a crypto fundraising platform, has written a letter to Senators Ron Wyden and Mike Crapo urging them t… Read Summary

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Sep 8, 1:46 pm

Coindesk

Glass Video NFT Protocol Ends Development

Glass Protocol, a venture-backed crypto startup that aimed to monetize NFT videos, is shutting down due to low demand. T… Read Summary

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Sep 8, 12:18 pm

Decrypt

LBRY CEO Says Firm Will Appeal SEC Court Ruling

LBRY, the blockchain publishing platform, plans to appeal a court decision that found it liable for violating federal se… Read Summary

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Sep 8, 12:00 pm

Decrypt

France Is Now Training Crypto Influencers on Disclosures

France has introduced a training module for crypto and finance influencers called the Responsible Influence Certificate… Read Summary

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Sep 8, 11:04 am

Decrypt

El Salvador Is Bringing Bitcoin Education Into Schools

El Salvador’s Ministry of Education has launched a pilot program to introduce Bitcoin education in public schools. The p… Read Summary

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The post News Explorer — Shaq Got Nearly $750,000 From FTX Amid Millions In Celebrity Deals appeared first on Crypto News Australia.

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Filed under: Bitcoin - @ September 10, 2023 11:03 pm