FTX aftermath: Celebrities could face legal heat following Bankman-Fried verdict
Following Sam Bankman-Fried’s guilty verdict last week, FTX investors call for actions against celebrity endorsers. The conviction of Sam Bankman-Fried has marked a pivotal point in the FTX saga, but it might be far from over. The aftermath of the case is set to cast long shadows, with a notable shift in focus toward the high-profile figures and celebrities who once endorsed the platform. Public attention will now be on the class-action lawsuit that emerged from the investors’ quarters in 2022, targeting not just Bankman-Fried’s immediate affiliates but also casting a wide net to include celebrities and professional services firms. Since Bankman-Fried’s guilty verdict, investors and users have increasingly been posting on social media to hold key celebrities accountable for this historic fraud. Republicans took money from Sam Bankman Fried too. Especially @SpeakerMcCarthy. McCarthy belongs in a jail cell with Sam Bankman Fried. McCarthy used FTX il legal ly as a...