Former NBA star Shaquille O'Neal faces a class-action lawsuit again for promoting Astral NFTs

ChainCatcher news, according to Bloomberg, former NBA star Shaquille O'Neal has been sued again for promoting cryptocurrency. The class action lawsuit filed in federal court in Florida accuses O'Neal of promoting the unregistered Astral tokens in violation of securities laws.

The lawsuit claims that O'Neal repeatedly promoted Astrals NFT on his various social media accounts, but the value of the related tokens and NFTs subsequently experienced a "sharp decline." (Source link)