Home / Not Everyone Wants To Fix Bitcoins Time Warp Attack Heres Why /Biggest Movers: TRON Nears Crypto Top 10, As MATIC Extends Declines

Biggest Movers: TRON Nears Crypto Top 10, As MATIC Extends Declines

10 May 2023

In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence.

In Monday’s legal filing, Shaq’s lawyers contested the proper service claims, following the Moskowitz Law Firm’s disclosure that they had served O’Neal and that the service was captured on his home security system. “We made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit,” Moskowitz stated in a tweet.

Nonetheless, attorneys for Shaq contend that the purported delivery at his Georgia property was not legally valid. They argue that process servers gathered outside Shaq’s residence without identifying themselves and state that court documents were thrown at the NBA star’s vehicle before falling onto the public road as he departed. His lawyers add that the process servers simply left the paperwork on the street.

Moskowitz alleges that O’Neal evaded process servers for months while other celebrities accepted their complaints. The latest court document also claims Moskowitz’s servers missed the deadline to serve O’Neal. O’Neal’s attorneys argue that plaintiffs had numerous attempts to serve him properly, stating, “Mr. O’Neal has not evaded service by failing to be at the residences where plaintiffs belatedly attempted service or by driving past strangers who approached his car.”

The charges against O’Neal involve his promotion of FTX and implicate its former CEO Sam Bankman-Fried as a co-defendant. Furthermore, Tom Brady, Gisele Bundchen, Stephen Curry, Udonis Haslem, David Ortiz, William Trevor Lawrence, Shohei Ohtani, Naomi Osaka, Lawrence Gene David, Kevin O’Leary, and the NBA team the Golden State Warriors are also named as defendants in the Miami-based Garrison v. Bankman-Fried, 22-cv-23753 case.

What do you think about the allegations of improper service in Shaq’s FTX class-action lawsuit? Share your thoughts in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale

Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.

In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence.

In Monday’s legal filing, Shaq’s lawyers contested the proper service claims, following the Moskowitz Law Firm’s disclosure that they had served O’Neal and that the service was captured on his home security system. “We made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit,” Moskowitz stated in a tweet.

Nonetheless, attorneys for Shaq contend that the purported delivery at his Georgia property was not legally valid. They argue that process servers gathered outside Shaq’s residence without identifying themselves and state that court documents were thrown at the NBA star’s vehicle before falling onto the public road as he departed. His lawyers add that the process servers simply left the paperwork on the street.

Moskowitz alleges that O’Neal evaded process servers for months while other celebrities accepted their complaints. The latest court document also claims Moskowitz’s servers missed the deadline to serve O’Neal. O’Neal’s attorneys argue that plaintiffs had numerous attempts to serve him properly, stating, “Mr. O’Neal has not evaded service by failing to be at the residences where plaintiffs belatedly attempted service or by driving past strangers who approached his car.”

The charges against O’Neal involve his promotion of FTX and implicate its former CEO Sam Bankman-Fried as a co-defendant. Furthermore, Tom Brady, Gisele Bundchen, Stephen Curry, Udonis Haslem, David Ortiz, William Trevor Lawrence, Shohei Ohtani, Naomi Osaka, Lawrence Gene David, Kevin O’Leary, and the NBA team the Golden State Warriors are also named as defendants in the Miami-based Garrison v. Bankman-Fried, 22-cv-23753 case.

What do you think about the allegations of improper service in Shaq’s FTX class-action lawsuit? Share your thoughts in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale

Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.

Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month low.

TRON (TRX), rose by as much as 2% on Wednesday, as the token moved closer to entering the cryptocurrency top 10.

Following a low of $0.06841 on Tuesday, TRX/USD climbed to an intraday peak of $0.07031 earlier in the session.

As a result of this jump, TRX is now marginally above a long-term resistance level of $0.070.

It appears that the target for bulls could be to not only break this ceiling, but move to $0.072, which would see the token hit a three-month high.

One of the main obstacles preventing this is the relative strength index (RSI), which is currently tracking at 59.67, below resistance at 60.00.

If and when price strength moves beyond this point, there will likely be more bulls reentering the market.

Polygon (MATIC) which is currently the world’s tenth largest cryptocurrency, fell for a fifth straight day.

MATIC/USD plunged to a bottom at $0.866, less than a day after the token was trading near $0.90.

This latest decline in price has pushed polygon to its lowest point since January 11, when it traded at $0.84.

Looking at the chart, this spell of sell-offs has sent the RSI below 30.00, which is deep in oversold territory.

The last time price strength tracked this low was back in July 2022, which may give bulls optimism that a reversal could be soon approaching.

MATIC is now trading at $0.8723, which is marginally higher than its earlier lows.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, matic, Polygon, Top 10, tron, trx

Could MATIC fall further this week? Let us know your thoughts in the comments.

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.

Source From : News

© CoinJoker 2019 | All Rights Reserved.