Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs

A federal district court in Miami, FL, has ruled 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.

9 minute read September 01, 2024 at 12:09 AM
By
Michael Mora
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs

A federal district court in Miami, FL, has ruled 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.

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