A class action lawsuit has been filed against celebrities who promoted the troubled cryptocurrency exchange FTX.
Tom Brady, Gisele Bundchen, Steph Curry, and Larry David are among the celebrities listed in the claim, which was filed in Florida by attorneys David Boies and Adam Moskowitz. On Tuesday, The Block revealed that Boies was negotiating a class action lawsuit with clients.
Days after FTX requested bankruptcy protection in Delaware, the action was taken. Sam Bankman-Fried, the organization’s former CEO who left his position last week, is also mentioned in the lawsuit.
Brady, Bundchen, and others are accused of “actively participating” in the “offer and sale of unregistered securities in the form of yield-bearing accounts,” according to the lawsuit.
The Dallas Mavericks basketball team and its owner, Mark Cuban, are being sued in a similar class action lawsuit by Boies and Moskowitz for supporting the now-defunct Voyager cryptocurrency lending company.