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FTX Lawsuit Lawyers Fail to Serve Shaquille O’Neal

Written byMaxwell Mutuma
Edited by Harsh Chauhan
April 17, 2023
in Cryptocurrency Exchange News
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Since quite some time ago, attorneys have been actively serving FTX promoters with a class action lawsuit. Shaquille O’Neal, a professional basketball player and traveling DJ, is one of them, but he appears to be entirely beyond their reach. He genuinely seems to be an utterly elusive character despite their more than twenty attempts.

According to information from trustworthy sources, one such process server actually got a threat message. It’s interesting because it should have been the other way around, given his extraordinarily high popularity and above-average height. His frequent exposure to the public ought to make it easier to find him, but that isn’t exactly how things are working out. He appears to be the last defendant to receive the notice.

Edwin Garrison, who happens to be from Oklahoma, brought out this class action lawsuit. According to him, the promoters should be held responsible for the FTX fiasco, and he has taken up cudgels against them and all who were adversely affected by them.

Where he is concerned, it was misinformation at a very high level, and the promoters were responsible for just thinking of their earrings and nothing else. The official filing of the case happened to have been carried out by attorneys Adam Moskowitz and David Boies. 

The FTX class action lawsuit happens to be targeting thirteen defendants, of whom the former FTX CEO, Sam Bankman Fried, happens to be one. He also has criminal fraud charges up against his name. Incidentally, O’Neal’s case is being handled by attorney Dennis Roach, but even he is not certain whether it is the case of a class action lawsuit.

All of this seems to be frustrating the lawyers who filed the case even more. As per information doing the rounds, O’Neal has claimed he has nothing to do with the cryptocurrency after its failure and does not hesitate to state that he only received a spokesperson’s fee.

In the case of the lawsuit, the judge has made it clear that the time period for serving the notice is almost up, and if still unsuccessful, he will move on sans O’Neal. This is according to Carrington, Coleman, Sloman and Blumenthal partner.

The other option, as per the judge, is to extend the deadline for O’Neal. Yet another happens to be the case scenario of bringing in the Texas Secretary of State, through which it may be ascertained that he is indeed absconding in some way. The case was filed in the U.S. District Court for the Southern District of California. In the meantime, lawyers are scouring different ways to corner O’Neal and beat him at his own game.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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