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Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped

Summary by Ground News
A class action filed Thursday alleges that Madonna, Jimmy Fallon, and Paris Hilton, among other celebrities who promoted Bored Ape Yacht Club NFTs, were compensated for those promotions and did not disclose such deals. In the complaint, filed to the federal Central Disrict Court of California, plaintiffs Adonis Real and Adam Titcher said they purchased NFT's made by Yuga Labs, the parent company of Bored Apes.

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ARTnews broke the news in on Friday, December 9, 2022.
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