2025–2026
2025–2026: FTX promoter class action — O'Neal's $1.8 million settlement preliminarily approved but not finalised in sources reviewed
In the broad FTX class action, O'Neal agreed to a $1.8 million settlement with investors who had sued him as a promoter of the platform. The court granted preliminary approval in June 2025, while final approval remained linked to the treatment of other defendants in the sources reviewed.
- State of the evidence
- Settlement
- Attribution
- Accused
Sources · 2
- [1]Associated PressShaq reaches $1.8M settlement in FTX celebrity endorsement lawsuitPressHigh reliability
- [2]U.S. District Court / MidpageIn re FTX Cryptocurrency Exchange Collapse Litigation — preliminary settlement approvalCourt decisionHigh reliability
Last verified: 13 September 2026
