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Started By
Message
re: Shaq May Be Hiding In His House To Avoid FTX Lawsuit
Posted on 3/12/23 at 12:05 pm to SlidellCajun
Posted on 3/12/23 at 12:05 pm to SlidellCajun
Spot on in spite of what some knuckleheads may believe
0
Posted on 3/12/23 at 12:06 pm to patnuh
quote:
So someone endorsed a product they didn’t like? I’m sure he isnt the first. If you gave me a few million, I’d tell you this shite sandwich tastes great.
This was my first thought, but this is not a product. FTX is a security. Telling someone to buy a shoe, vs pumping a speculative investment is not the same.
Posted on 3/12/23 at 12:16 pm to BowDownToLSU
His liability in this situation is minimal at best. Even if he did not think that cryptocurrency was a great investment, it will be impossible to prove that he had any knowledge of FTX’s situation. Which, I’m sure he didn’t.
In the end, it will be nothing more than a slight blackeye for endorsing a shitty product that turned out to be a criminal enterprise
In the end, it will be nothing more than a slight blackeye for endorsing a shitty product that turned out to be a criminal enterprise
This post was edited on 3/12/23 at 12:17 pm
Posted on 3/12/23 at 12:18 pm to Bdiddy
Crypto is basically a pyramid scheme. What’s backing the crypto? Nothing of any value is backing up most of these crypto currencies. If you put large sums of money into crypto, you better get it out now.
Posted on 3/12/23 at 12:32 pm to Catahoula20LSU
This post was edited on 3/12/23 at 12:33 pm
Posted on 3/12/23 at 12:34 pm to OweO
quote:
I would rather eat a dick than Papa Johns pizza.
Or any other pizza, or gumbo, or steak, or shrimp, or basically anything.
We get it. You like to eat dicks.
Posted on 3/12/23 at 12:43 pm to CocomoLSU
quote:
I love Shaq, but if this is true he may be in some shite:
quote:
“He admitted that his friend Steph Curry called him, told him he could make millions of dollars, if he just served as a FTX Brand Ambassador and lied in a television commercial, that he was ‘all in’ with FTX, when he admitted that personally, he would not go near cryptocurrency,” Moskowitz claimed to Forbes?.
Really? You don't see a commercial and think "it's a commercial"? I don't look at Alan Thick selling reverse mortgages and think he's got a reverse mortgage, and even if he said he did, I would assume it was part of his payment for doing the commercial, not that he thought they were a great financial instrument to use.
If misleading statements were made in a commercial created by and for FTX, that's on FTX, not the people making the commercial. If a hemorrhoid cream doesn't work would you sue the actor in the commercial that said it brought instant relief? No, if you sued anybody you'd sue the company. But celebrity endorsers have money so the lawyers behind the class action lawsuit are trying to make the pot as big as possible.
Posted on 3/12/23 at 12:50 pm to AgCoug
quote:
We get it. You like to eat dicks.
I'm disappointed that no one has pointed out that he is at the right height to do so.
Posted on 3/12/23 at 12:57 pm to BowDownToLSU
quote:
Shaq May Be Hiding In His House To Avoid FTX Lawsuit
He has been doing commercials for the General, probably take a lot of takes to get the water ballon to land just right.
Posted on 3/12/23 at 12:58 pm to SlidellCajun
quote:
The celebrities suck in gullible people looking to make some big money…. If a rich celebrity promotes it… it must be good….
Yeah, bro, I only bought a Juul because of Stephen Dorff. I mean, have you seen Blade? Can't believe he would lie to us like that. I trusted him.
Posted on 3/12/23 at 1:01 pm to CocomoLSU
quote:
I love Shaq, but if this is true he may be in some shite:
quote:
“He admitted that his friend Steph Curry called him, told him he could make millions of dollars, if he just served as a FTX Brand Ambassador and lied in a television commercial, that he was ‘all in’ with FTX, when he admitted that personally, he would not go near cryptocurrency,” Moskowitz claimed to Forbes?.
In their defense, isn't that what every celebrity endorsement is? Anyone really thinks Tiger Woods would drive a Buick over anything else? If someone is dumb enough to invest in something because a semi-literate NBA player recommended it, they deserve to lose their money.
Posted on 3/12/23 at 1:08 pm to SmackoverHawg
quote:
If someone is dumb enough to invest in something because a semi-literate NBA player recommended it, they deserve to lose their money.
I tend to agree but that Mercedes Peyton Manning was hawking with the 2 meatloaf ovens in the trunk did look pretty sweet.
Posted on 3/12/23 at 1:13 pm to BowDownToLSU
quote:
“We have spent great efforts (4 different service companies) trying to get you all served with our Complaint,” Garrison’s lawyers David Boies and Adam Moskowitz wrote in an email to defendants on Tuesday. “Only one, however, has chosen to evade service, in order to draw out these proceedings, or to otherwise attempt to avoid answering for these allegations.”
Former Theranos board mamber David Boies, lol. Guy has no soul.
Posted on 3/12/23 at 1:55 pm to SmackoverHawg
As our parents, grandparents used to tell us, 'If it sounds too good to be true, it usually is.'
IDK if the doctrine of caveat emptor (let the buyer beware)will be allowed but its gonna be interesting to see how this shakes out.
There are some heavy hitters in this yuge mess. Lots of wealthy, powerful people have lost big $$$ in this scam and they want the money back.
The Arnold Horshack looking clown who headed all this better have his head on a swivel, twenty Navy Seal guards on duty and have 5 food/drink tasters at his disposal.
IDK if the doctrine of caveat emptor (let the buyer beware)will be allowed but its gonna be interesting to see how this shakes out.
There are some heavy hitters in this yuge mess. Lots of wealthy, powerful people have lost big $$$ in this scam and they want the money back.
The Arnold Horshack looking clown who headed all this better have his head on a swivel, twenty Navy Seal guards on duty and have 5 food/drink tasters at his disposal.
Posted on 3/12/23 at 2:13 pm to dgnx6
quote:
SBF played the liberal media
I mean I guess in a way, but if the networks that aired the commercials aren’t held liable, it seems to me they got a big win. Somebody correct me if I’m wrong but my understanding is that one part of the scheme involved large investments in FTX by Ukraine from the billions that Congress was sending over, and in turn Bankman-Fried / FTX become the second largest donor in the nation to Democrat candidates in the midterms, which very likely directly resulted in a consequential number of the seats they won, and senate majority.
Posted on 3/13/23 at 10:37 am to SlidellCajun
quote:
If it can be proven that the celeb didn’t know what they were promoting
How can they be liable if they didn’t know? Negligence? Good luck proving that.
quote:
and it caused financial harm to someone then -yes- they are liable
That’s an incredibly low standard.
Posted on 3/13/23 at 11:15 am to BowDownToLSU
Lock up Larry David and Matt Damon!
Lock up Gisele in my house!
Lock up Gisele in my house!
Posted on 3/13/23 at 11:22 am to BowDownToLSU
So they are trying to file lawsuits against our beloved Shaq because he was paid to endorse a company that sucks?
Posted on 3/13/23 at 11:29 am to Shotgun Willie
quote:
He was sitting court side at big 12 tournament yesterday
And the NBA All-Star game a couple weeks ago. He's in the TNT studios all the time.
If there is one person in America who it would be easy to find and serve, it's Shaq.
Posted on 3/13/23 at 12:09 pm to Bdiddy
quote:
This was my first thought, but this is not a product. FTX is a security. Telling someone to buy a shoe, vs pumping a speculative investment is not the same.
that's the difference. FTX isn't pizza or printers. He may have got a little too greedy with his paid endorsement deals.
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