NBA legend Shaquille O’Neal, known popularly as Shaq, has consented to a $11 million settlement in a class-action lawsuit tied to his promotion of the Astrals non-fungible token (NFT) project. What Happened: After a year of legal wrangling, O’Neal agreed to the compensation to have the lawsuit dismissed, The Block reported Tuesday.  At the center of the lawsuit is a collection of 10,000 NFT 3D avatars based on Solana (CRYPTO: SOL) and a decentra…

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NBA Legend Shaq Agrees To Pay $11M In Astrals NFT Lawsuit

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NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project.O’Neal and his Astral NFTs …

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Astrals NFT Lawsuit Ends With $11 Million Deal From Shaquille O’Neal

NBA legend Shaquille O’Neal, known popularly as Shaq, has consented to a $11 million settlement in a class-action lawsuit tied to his promotion of the Astrals non-fungible token (NFT) project.

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NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project. O’Neal and his Astral NFTs co-creators were the respondents in a class suit filed last May 23, 2024. The plaintiffs argued that the non-fungible tokens were linked to O’Neal’s popularity and that many investors... The post Astrals NFT Lawsuit Ends With $11 Million Deal From Shaquille O’Neal appeared first on Daily Truth Report •…

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Shaquille O’Neal has reportedly agreed to a $11M settlement to resolve a lawsuit over his promotion of Astrals non-fungible tokens (NFTs).

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Shaquille O’Neal Agrees To $11M Settlement In NFT Lawsuit

Source: Bitcoinist   
NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project. O’Neal and his Astral NFTs co-creators were the respondents in a class suit filed last May 23, 2024. The plaintiffs argued that the non-fungible tokens were linked to O’Neal’s popularity and that many investors bought the product due to the association of basketball players with the project. However, when O…

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The NBA legend Shaquille O’Nealbetter known as Shaqhas agreed to an $11 million settlement in a class-action lawsuit related to its promotion of the Astrals non-fungible token (NFT) project. What happened: After a year of legal battle, O’Neal agreed to pay this compensation to have the lawsuit dismissed, reported The Block mardi.   The centerpiece of the chase is a collection of 10,000 3D avatar NFTs based on Solana (CRYPTO: SOL) and a decentral…

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NBA Legend Shaq Agrees to Pay $11 Million in Astrals NFT Lawsuit Settlement - Archysport

In order to settle a lawsuit brought by holders, NBA legend Shaquille O’Neal has agreed to pay $11 million to the Astrals NFT collection.  Hall-of-Famer O’Neal reached the settlement after allegations that he promoted unregistered securities tied to the Astrals non-fungible token project on Solana.  According to court records, O’Neal, the collection’s main celebrity, leveraged […] The post Shaquille O’Neal to Pay $11M NFT Lawsuit Settlement appe…

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Shaquille O’Neal to Pay $11M NFT Lawsuit Settlement

NBA legend Shaquille O’Neal, known popularly as Shaq, has consented to a $11 million settlement in a class-action lawsuite timed to his promotion of the Astrals non-fungible token (NFT) project. What Happened: After a year of legal writing, O’Neal agreed to the compensation to have the law missed, The Block reported Tuesday. At the center of the lawsuite is a collection of 10,000 NFT 3D avatars based on Solana (CRYPTO: SOL) and a decentralized a…

NBA Legend Shaq Agrees To Pay $11M In Astrals NFT Lawsuit

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