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Barchart
Barchart
Caleb Naysmith

Shaquille O’Neal Gets Hit With $11 Million Settlement Over NFT Sales After Investors Lose Millions From Crypto Market Bust

NBA Hall of Famer Shaquille O’Neal has agreed to a $11 million settlement to resolve a class-action lawsuit filed by investors in the Astrals NFT collection. The settlement awaits approval by a Florida federal court and, if granted, will bring an end to allegations surrounding O’Neal’s promotion of unregistered securities.

Background of the Lawsuit

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