Oh no, say it isn't so!! Variety is reporting that major celebs are allegedly involved in a ponzi scheme where clients lost $11 BILLION.
Larry David, Tom Brady, Giselle Bündchen, Shaquille O’Neal, Stephen Curry, David Ortiz and Kevin O’Leary are among the celebrities being sued in a class-action lawsuit for promoting the now-bankrupt cryptocurrency exchange FTX.
According to Variety, the “brand ambassadors” are accused of deceptively encouraging consumers to invest in the company and target “unsophisticated investors” in a “Ponzi scheme.”