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BCH $233.53 -0.93%
LINK $7.91 +0.06%
HYPE $63.24 -4.93%
AAVE $96.09 +1.33%
SUI $0.7234 -0.30%
XLM $0.1786 -2.09%
ZEC $504.02 -2.95%

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

2022-11-16 23:17:42
Collection

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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