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Sam Bankman-Fried sued in US court – what can happen?

  • November 17, 2022
  • 12 views

In the U.S., because of the bankruptcy of the FTX exchange, there could be problems for very famous athletes and actors who were involved in FTX commercials.

A class action lawsuit was filed against them. This included famous baseball player Tom Brady, tennis player Naomi Osaka, and
comedian Larry David, and even the entire Golden State Warriors NBA team.

Another class action lawsuit was filed against exchange owner Sam Bankman-Fried. The case is very high-profile and high-profile. Avoiding responsibility for this is going to be very difficult to avoid. It could also involve the head of the SEC, Gary Gensler, against whom the a petition that has been created against him.

Influencers expect things to get worse the moment Sam is taken the feds and the official investigations begin. There’s a feeling that he’s going to start talk and leak dirt on very large companies like Tezers, Binance, and Bitfinex that he may have done business with. If there is something serious there, the domino effect could continue.

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