Source: Famed lawyer Boies plans to eyes suit against FTX's celeb backers

2022/11/16 00:42

According to The Block, famed lawyer David Boies is talking to clients about a possible class action lawsuit against celebrity promoters of the now-bankrupt crypto exchange, according to a source with direct knowledge of the matter. Boies’s firm, Boies Schiller Flexner LLP, has spoken with clients from a similar class action lawsuit against failed crypto lender Voyager, the source said. It’s not clear which FTX promoters the possible class action suit might target. Celebrity promoters of the exchange, including Tampa Bay Buccaneers quarterback Tom Brady and Golden State Warriors point guard Stephen Curry appeared in FTX ads and made equity deals with the exchange. Others associated with FTX include basketball star Shaquille O’Neal, TV star and "Seinfeld" co-creator Larry David, "Shark Tank" TV personality and businessman Kevin O’Leary and David Ortiz, who played baseball for the Boston Red Sox.

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