Shaquille "Shaq" O'Neal, former National Basketball Association (NBA) player. Photo: David Paul Morris/Bloomberg Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
"We are extremely fortunate that Judge Moreno authored the first extensive ruling on cryptocurrency and celebrity promotions," said Adam Moskowitz, the managing partner at the Moskowitz Law Firm.
August 16, 2024 at 03:13 PM
5 minute read
Cryptocurrency
The original version of this story was published on Daily Business Review
A federal district court in Miami ruled on Friday that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Alabama Man Arrested After Causing Bitcoin Price to Surge, Then Plummet After Fake SEC Tweet
3 minute read
Bitnomial Exchange Preemptively Sues SEC Over Alleged Enforcement Conflict With CFTC
4 minute read
Binance's Singapore-Based General Counsel Is Shattering Crypto's 'Bro Ceiling'
4 minute readTrending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
