Shaq becomes latest celebrity to distance himself from FTX, crypto
FTX tweeted details of an endorsement with O’Neal, referring to the four-time NBA Championship winner as Shaqtoshi. The accompanying advert depicted O’Neal wearing a Sam Bankman-Fried wig and talking about being an everyday guy with an FTX. As part of its marketing policy, FTX enlisted many celebrities and crypto influencers, including Anthony Pompliano, Kevin O’Leary, Larry David, Tom Brady, and Steph Curry.FTX group filed for Chapter 11 bankruptcy following a run that depleted company reserves. Days before the filing, former FTX CEO Sam Bankman-Fried denied rumors of insolvency.
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