China News Service, November 17th, according to Bloomberg News, the cryptocurrency exchange FTX and former CEO Sam Bankman-Fried were sued by an investor because the cryptocurrency exchange is currently in crisis, using Celebrity endorsers including Tom Brady and Stephen Curry to influence "immature investors" were also named as defendants.

  In a lawsuit filed in Miami federal court, an Oklahoma resident seeks to represent "thousands if not millions of consumers across the country," which includes all investors who register yield-generating FTX cryptocurrency accounts in the U.S. , he claimed the accounts constituted unregistered securities in violation of U.S. and Florida law.

  He alleges that FTX used celebrities, including Brady, Curry, Gisele Bundchen, and Shaquille O'Neal, to promote the exchange's unregistered securities and lure investors into a Ponzi scheme.

  In other cases claiming cryptocurrency losses, Kim Kardashian and Mayweather have also been named as defendants in a lawsuit.

(China New Finance and Economics)