
Good morning. Shawn Tully here with a new twist in the legal battles engulfing the crypto world. A series of class action cases have pitted Moskowitz Law of Florida and Boies Shiller Flexner (home of super-lawyer David Boies) against a panoply of celebrities who touted crypto. The lawyers are trying to recoup billions on behalf of regular people who bought crypto and lost big. Yesterday there was a new wrinkle in the case; as Fortune was first to report:
Dan Friedberg, the former chief compliance officer of bankrupt crypto exchange FTX, is cooperating with the plaintiffs bringing a class action suit versus a group of sports stars and entertainers, Fortune has learned from a new legal filing. The lawsuit's targets include, among others, Shaquille O’Neal, Tom Brady, Naomi Osaka, and Larry David.