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TRX $0.3322 +0.33%
DOGE $0.0701 +0.64%
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BCH $203.80 +0.11%
LINK $9.42 +0.32%
HYPE $59.18 +3.08%
AAVE $85.87 +0.16%
SUI $0.6739 -0.35%
XLM $0.1574 +0.41%
ZEC $509.03 +4.93%

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

2022-11-16 23:17:42

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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