The case alleged that O’Neal acted as the face of Astrals urging investors to “[h]op on the wave before its too late.” Even when cryptocurrency exchange FTX collapsed in November 2022, O’Neal sent out a graphics interchange format (GIF) on the community message board Discord, from The Wolf of Wall Street that read, “I’m not F***ing Leaving,” the court document said. The lawsuit alleged that O’Neal fled the project after that and “the value of Astrals financial products plummeted.”
Source: https://www.coindesk.com/policy/2024/08/19/shaquille-oneal-will-have-to-defend-some-of-the-allegations-against-him-in-the-astrals-nft-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines