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ETH $2,225.51 -1.95%
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TRX $0.3515 -0.49%
DOGE $0.1125 -2.81%
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BCH $427.40 -1.85%
LINK $10.05 -3.47%
HYPE $43.09 -7.22%
AAVE $92.03 -6.17%
SUI $1.09 -7.16%
XLM $0.1545 -4.46%
ZEC $504.09 -8.96%

Reuters: American investors have officially launched a class action lawsuit against SBF in Miami

2022-11-16 23:17:42
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According to ChainCatcher news, Reuters reported that American investors have officially launched a class action lawsuit against SBF in Miami, claiming that FTX's yield-bearing crypto accounts violate Florida law and constitute unregistered securities sold illegally in the United States.

The lawsuit states that FTX's liquidity issues caused American investors to suffer losses of $11 billion. The lawsuit also seeks damages from SBF and several celebrities who allegedly helped promote FTX, including NFL quarterback Tom Brady and tennis star Naomi Osaka. (source link)

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