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<channel>
	<title>FTX &#8211; Affiliate Marketing Programs | CBOMO.COM</title>
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	<link>https://cbomo.com</link>
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		<title>Shaq Served in FTX Lawsuit Allegedly &#8216;Hiding&#8217; for Months</title>
		<link>https://cbomo.com/shaq-served-in-ftx-lawsuit-allegedly-hiding-for-months/</link>
					<comments>https://cbomo.com/shaq-served-in-ftx-lawsuit-allegedly-hiding-for-months/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Tue, 18 Apr 2023 10:14:23 +0000</pubDate>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[Allegedly]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[FTX]]></category>
		<category><![CDATA[Hiding]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Months]]></category>
		<category><![CDATA[News and Trends]]></category>
		<category><![CDATA[Served]]></category>
		<category><![CDATA[Shaq]]></category>
		<category><![CDATA[Shaquille O&#039;Neal]]></category>
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					<description><![CDATA[[ad_1] Basketball legend and businessman Shaquille O&#8217;Neal was served legal documents on Sunday in the FTX lawsuit, after allegedly dodging the paperwork for months. The lawsuit is targeting FTX founder Sam Bankman-Fried and the company&#8217;s celebrity endorsers for defrauding investors. Adam Moskowitz, co-counsel for investors on the FTX class action suit and partner at Moskowitz Law Firm, said that Shaq was &#8220;hiding and driving away from our process servers for the past three months,&#8221; per Coindesk. &#8220;Plaintiffs&#8230;]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
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<p>Basketball legend and businessman <a target="_blank" href="https://www.entrepreneur.com/topic/shaquille-oneal" rel="follow noopener">Shaquille O&#8217;Neal</a> was served legal documents on Sunday in the <a target="_blank" href="https://www.entrepreneur.com/topic/ftx" rel="follow noopener">FTX</a> lawsuit, after allegedly dodging the paperwork for months. The lawsuit is targeting FTX founder <a target="_blank" href="https://www.entrepreneur.com/business-news/who-is-ftxs-sam-bankman-fried-net-worth-arrest-and-more/441506" rel="follow noopener">Sam Bankman-Fried</a> and the company&#8217;s celebrity endorsers for defrauding investors.</p>
<p>Adam Moskowitz, co-counsel<b> </b>for investors on the FTX class action suit and partner at Moskowitz Law Firm, said that Shaq was &#8220;hiding and driving away from our process servers for the past three months,&#8221; <a target="_blank" href="https://www.coindesk.com/policy/2023/04/17/shaquille-oneal-finally-served-ftx-lawsuit-lawyers/" rel="nofollow noopener">per Coindesk</a>.</p>
<p>&#8220;Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house,&#8221; the Moskowitz Law Firm <a target="_blank" href="https://twitter.com/moskowitzesq/status/1647755666134650880?s=20" rel="nofollow noopener">tweeted</a>. &#8220;His home video cameras recorded our service and we made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit.&#8221;</p>
<p><img decoding="async" alt="" class="lazyload" loading="lazy" role="presentation" src="https://assets.entrepreneur.com/images/misc/1681759706_ScreenShot2023-04-17at3.28.10PM.png?width=1000" style="border-style:solid; border-width:1px; height:325px; width:680px" width="1000" height="478"/></p>
<p>Prior to the update on Sunday evening, Moskowitz Law Firm <a target="_blank" href="https://twitter.com/moskowitzesq/status/1646696475047477250" rel="nofollow noopener">tweeted</a> at Shaq on April 13th saying that &#8220;all other FTX celebrities have agreed to receive their complaints,&#8221; and called on the NBA Hall of Famer to have &#8220;courtesy and honor&#8221; in allowing the lawyers to deliver the papers.</p>
<blockquote class="twitter-tweet">
<p>You have been running from us for months &amp; all other FTX celebrities have agreed to receive their complaints. Please have the courtesy &amp; honor to simply allow our process servers tomorrow to deliver our legal complaint on your behalf, so you can defend your actions in this matter</p>
<p>— The Moskowitz Law Firm (@moskowitzesq) <a target="_blank" href="https://twitter.com/moskowitzesq/status/1646696475047477250?ref_src=twsrc%5Etfw" rel="nofollow noopener">April 14, 2023</a></p></blockquote>
<p>The FTX class action lawsuit claims <a target="_blank" href="https://www.entrepreneur.com/business-news/ftx-bankruptcy-filing-skewers-company-and-sam-bankman-fried/439502" rel="follow noopener">Bankman-Fried</a> and other public figures defrauded investors by promoting the cryptocurrency in what ultimately was a &#8220;Ponzi scheme,&#8221; per <a target="_blank" href="https://docs-cdn-prod.news-engineering.aws.wapo.pub/publish_document/12afdf1a-a614-48a8-88e5-aa0e9e581c6f/published/12afdf1a-a614-48a8-88e5-aa0e9e581c6f.pdf" rel="nofollow noopener">court documents</a>. Other celebrities implicated in the lawsuit are Tom Brady, Gisele Bündchen, Stephen Curry, and Kevin O&#8217;Leary.</p>
<p><b>Related: <a target="_blank" href="https://www.entrepreneur.com/business-news/giselle-bundchen-breaks-silence-on-ftx-collapse-25/448253" rel="follow noopener">&#8216;I Was Blindsided&#8217;: Gisele Bündchen Breaks Silence on FTX Collapse</a></b></p>
<p>&#8220;A lot of people think I&#8217;m involved, but I was just a paid spokesperson for a commercial,&#8221; O&#8217;Neal <a target="_blank" href="https://www.cnbc.com/2022/12/15/shaq-on-crypto-ftx-post-collapse-i-was-just-a-paid-spokesperson.html" rel="nofollow noopener">told CNBC</a> in December.</p>
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<br />[ad_2]<br />
<br /><a href="https://www.entrepreneur.com/business-news/shaq-served-in-ftx-lawsuit-allegedly-hiding-for-months/449850">Source link </a></p>
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			</item>
		<item>
		<title>Bankrupt FTX affiliate Alameda sues Grayscale</title>
		<link>https://cbomo.com/apiclick-aspxreffexrssaidtid640aea45ccc84a0eba251670baebd367urlhttps%3a%2f%2fwww-reuters-com%2flegal%2fbankrupt-ftx-affiliate-alameda-sues-grayscale-2023-03-06%2fc6622518551993216916mkten/</link>
					<comments>https://cbomo.com/apiclick-aspxreffexrssaidtid640aea45ccc84a0eba251670baebd367urlhttps%3a%2f%2fwww-reuters-com%2flegal%2fbankrupt-ftx-affiliate-alameda-sues-grayscale-2023-03-06%2fc6622518551993216916mkten/#respond</comments>
		
		<dc:creator><![CDATA[cbomo]]></dc:creator>
		<pubDate>Fri, 10 Mar 2023 08:28:55 +0000</pubDate>
				<category><![CDATA[Affiliate Marketing Tips]]></category>
		<category><![CDATA[Affiliate]]></category>
		<category><![CDATA[Alameda]]></category>
		<category><![CDATA[AMERS]]></category>
		<category><![CDATA[BACT]]></category>
		<category><![CDATA[Bankrupt]]></category>
		<category><![CDATA[BISV]]></category>
		<category><![CDATA[BISV08]]></category>
		<category><![CDATA[BIZ]]></category>
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		<category><![CDATA[BLKCC]]></category>
		<category><![CDATA[BLKCC1]]></category>
		<category><![CDATA[BLR]]></category>
		<category><![CDATA[CASE1]]></category>
		<category><![CDATA[CDM]]></category>
		<category><![CDATA[CINV]]></category>
		<category><![CDATA[CMPNY]]></category>
		<category><![CDATA[CORPD]]></category>
		<category><![CDATA[CRYCUR]]></category>
		<category><![CDATA[DBT]]></category>
		<category><![CDATA[DBTR]]></category>
		<category><![CDATA[ETF]]></category>
		<category><![CDATA[ETFND]]></category>
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					<description><![CDATA[[ad_1] March 7 (Reuters) &#8211; FTX said on Monday its affiliate Alameda Research had sued Grayscale Investments and its owner, cryptocurrency conglomerate Digital Currency Group (DCG), alleging the digital asset manager was &#8220;enriching itself at shareholders&#8217; expense&#8221;. In a lawsuit filed with a Delaware court on Monday, Alameda attacked Grayscale for its high fees and its refusal to allow investors to redeem their shares from its two crypto-focused trusts, the Grayscale Bitcoin Trust (GBTC) and the Grayscale&#8230;]]></description>
										<content:encoded><![CDATA[<p> [ad_1]<br />
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<p data-testid="paragraph-0" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">March 7 (Reuters) &#8211; FTX said on Monday its affiliate Alameda Research had sued Grayscale Investments and its owner, cryptocurrency conglomerate Digital Currency Group (DCG), alleging the digital asset manager was &#8220;enriching itself at shareholders&#8217; expense&#8221;.</p>
<p data-testid="paragraph-1" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">In a lawsuit filed with a Delaware court on Monday, Alameda attacked Grayscale for its high fees and its refusal to allow investors to redeem their shares from its two crypto-focused trusts, the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust.</p>
<p data-testid="paragraph-2" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">DCG is already under pressure after its unit Genesis Global Trading&#8217;s bankruptcy, spurred by a crypto rout last year that was worsened by the high-profile collapse of FTX.</p>
<p data-testid="paragraph-3" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">Last year, Grayscale had sued the U.S. Securities and Exchange Commission after the regulator rejected the company&#8217;s proposal to convert GBTC into an exchange traded fund (ETF).</p>
<p data-testid="paragraph-4" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">However, Grayscale is still charging fees far bigger than those typically paid to advisers on crypto-tied ETFs, Alameda alleged.</p>
<div data-testid="Latest Updates" data-variant-id="article-latest-updates" class="spacing-container__container__2g5QT spacing-container__t-spacing-single__1uXb9 spacing-container__b-spacing-single__2RCDp spacing-container__max-width__zScFd">
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<h3 data-testid="Heading" class="text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__heading_5_latest_updates__3MDLT heading__base__2T28j heading_5_latest_updates tablet-down-latest-updates__heading__Ymr1K">Latest Updates</h3>
<p data-testid="Body" class="text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__body__yKS5U body__base__22dCE body__body_alt__2kEQu tablet-down-latest-updates__show-more__20y2n">View 2 more stories<!-- --> <svg xmlns="http://www.w3.org/2000/svg" class="tablet-down-latest-updates__arrow-down__3J5Sc" viewbox="0 0 11 7" aria-hidden="true"><path d="M10.413.587a.71.71 0 0 0-1.027 0L5.5 4.474 1.613.587a.71.71 0 0 0-1.027 0 .709.709 0 0 0 0 1.027l4.4 4.4c.147.147.367.22.513.22a.79.79 0 0 0 .513-.22l4.4-4.4a.71.71 0 0 0 0-1.027h.001Z"></path></svg></p>
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<p data-testid="paragraph-5" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">&#8220;The lawsuit filed by Sam Bankman-Fried&#8217;s hedge fund, Alameda Research, is misguided. Grayscale has been transparent in our efforts to obtain regulatory approval to convert GBTC into an ETF – an outcome that is undoubtedly the best long-term product structure for Grayscale&#8217;s investors,&#8221; a spokesperson for Grayscale said.</p>
<p data-testid="paragraph-6" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__full_width__ekUdw body__large_body__FV5_X article-body__element__2p5pI" style="font-size:20px">Alameda said it was suffering &#8220;hundreds of millions of dollars in harm&#8221; because of Grayscale&#8217;s actions.</p>
<p><span data-testid="Text" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__default__UPMUu sign-off__text__PU3Aj">Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri and Shailesh Kuber</span></p>
<p data-testid="Body" class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__large__nEccO body__base__22dCE body__large_body__FV5_X article-body__element__2p5pI">Our Standards: <a target="_blank" data-testid="Link" href="https://www.thomsonreuters.com/en/about-us/trust-principles.html" class="text__text__1FZLe text__dark-grey__3Ml43 text__medium__1kbOh text__large__nEccO link__underline_default__2prE_" rel="noopener">The Thomson Reuters Trust Principles.</a></p>
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