As cryptocurrency exchange firm FTX soared financially, one of its visible promoters was Golden State Warriors star Stephen Curry, who told viewers in a
that “I’m not an expert, and I don’t need to be. With FTX I have everything I need to buy, sell, and trade crypto safely.” The Warriors, meanwhile, displayed the FTX logo on the floor of their home court at Chase Center.
Then FTX imploded this month, losing billions of dollars and
filing for bankruptcy. And now an investor has filed a proposed class-action suit on behalf of “thousands, if not millions” of customers seeking damages from Curry, the Warriors and other FTX “ambassadors,” including basketball great Shaquille O’Neal, football star Tom Brady, baseball’s David Ortiz and Shohei Ohtani, and tennis’ Naomi Osaka, as well as the company’s founder.