According to @FoxNews, NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit filed by investors of the collapsed cryptocurrency exchange FTX. The lawsuit alleged O'Neal misled investors by promoting the platform. This settlement amount is significantly higher than the reported $750,000 O'Neal received for the endorsement. For traders, this case underscores the increasing legal scrutiny and financial risks for celebrities promoting crypto assets, potentially impacting investor trust in similar endorsements. The settlement, if approved, will release O'Neal from future claims without an admission of wrongdoing, marking another chapter in the fallout from the FTX collapse, whose founder Sam Bankman-Fried was sentenced to 25 years in prison.