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FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

November 28, 2023
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FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

November 28, 2023
Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. The investors allege that these entities aided and abetted the fraud orchestrated by FTX, adding to the existing class-action suit that already includes celebrity promoters, Bloomberg reported Tuesday […]