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:
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.
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:
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.
PRESS RELEASE. In the increasingly competitive cannabis market, innovative companies are finding new ways to engage customers and promote their brands. One such brand, Kush Kriminals, brought to you by Cookies, has mastered the art of customer engagement by leveraging digital collectibles and immersive experiences.
Kush Kriminals offers a diverse range of products, including three custom strains in Indica, Sativa, and Hybrid, as well as flowers, prerolls, edibles, and concentrates. With plans to introduce CBD products and drinks in the near future, the brand is currently available in Cookies stores in Denver, Commerce City, Woodland Hills, Maywood, and Lemonade Van Nuys.
To foster customer engagement, Kush Kriminals created a membership program for the Kush Kriminals community. Members are granted exclusive access to Cookies and Kush Kriminals merchandise, as well as lifetime discounts of 15% storewide, 20% on all Kush Kriminals products, and 30% for Legendaries storewide.
The Legendaries, one-of-a-kind characters created and named by Sam Humphries, play a vital role in the brand’s marketing and deepen customer engagement. Humphries’ impressive background includes working with industry giants like DC and Marvel on major franchises such as Avengers, Guardians of the Galaxy, and Harley Quinn.
Kush Kriminals further engages customers by offering tours of their cultivation facility by appointment, giving curious consumers an inside look at the production process. Additionally, the brand has partnered with Magic Eden, a marketplace where Kush Kriminals’ holders will soon be able to mint their digital collectibles. Holders in states without legal cannabis access can stake their tokens, earn points, and participate in raffles for exciting giveaways.
The Kush Kriminals podcast, featuring a teaser episode already available on Apple Podcasts, Spotify, Amazon Music, and more, is yet another avenue for the brand to connect with customers.
However, while customer engagement is a critical component to Kush Kriminals’ success, so too is navigating the volatile crypto market. To overcome this challenge, Kush Kriminals has developed a long-term strategy accounting for market fluctuations and risk management practices. A strong, reliable team has been crucial in working together to conquer the inevitable obstacles and develop a supportive community for the project.
There is some wisdom the Kush Kriminals team would share with others that stem from their experiences and learnings. Key values include honesty, integrity, hard work, persistence, and resilience. An open mind and willingness to learn from others are essential to succeed when faced with the unique challenges of the crypto space.
Looking ahead, Kush Kriminals has ambitious plans for growth and expansion. The brand aims to be present in every Cookies location across the USA and penetrate the CBD market for holders in states without legal cannabis access. This diversification will allow the brand to reach new audiences and ensure no holder is left behind.
Furthermore, Kush Kriminals plans to expand its saga with Sam Humphries, delving into comic books, movies, podcasts, and more, thus broadening the brand’s reach beyond its current offerings. Such growth will enable Kush Kriminals to tap into new entertainment mediums and captivate audiences worldwide.
In a world where digital collectibles and unique customer experiences are becoming increasingly important, Kush Kriminals is paving the way for the future of cannabis brands. Through its innovative approach and ambitious plans, Kush Kriminals is sure to make a lasting impact on the industry and its customers for years to come.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. In the increasingly competitive cannabis market, innovative companies are finding new ways to engage customers and promote their brands. One such brand, Kush Kriminals, brought to you by Cookies, has mastered the art of customer engagement by leveraging digital collectibles and immersive experiences.
Kush Kriminals offers a diverse range of products, including three custom strains in Indica, Sativa, and Hybrid, as well as flowers, prerolls, edibles, and concentrates. With plans to introduce CBD products and drinks in the near future, the brand is currently available in Cookies stores in Denver, Commerce City, Woodland Hills, Maywood, and Lemonade Van Nuys.
To foster customer engagement, Kush Kriminals created a membership program for the Kush Kriminals community. Members are granted exclusive access to Cookies and Kush Kriminals merchandise, as well as lifetime discounts of 15% storewide, 20% on all Kush Kriminals products, and 30% for Legendaries storewide.
The Legendaries, one-of-a-kind characters created and named by Sam Humphries, play a vital role in the brand’s marketing and deepen customer engagement. Humphries’ impressive background includes working with industry giants like DC and Marvel on major franchises such as Avengers, Guardians of the Galaxy, and Harley Quinn.
Kush Kriminals further engages customers by offering tours of their cultivation facility by appointment, giving curious consumers an inside look at the production process. Additionally, the brand has partnered with Magic Eden, a marketplace where Kush Kriminals’ holders will soon be able to mint their digital collectibles. Holders in states without legal cannabis access can stake their tokens, earn points, and participate in raffles for exciting giveaways.
The Kush Kriminals podcast, featuring a teaser episode already available on Apple Podcasts, Spotify, Amazon Music, and more, is yet another avenue for the brand to connect with customers.
However, while customer engagement is a critical component to Kush Kriminals’ success, so too is navigating the volatile crypto market. To overcome this challenge, Kush Kriminals has developed a long-term strategy accounting for market fluctuations and risk management practices. A strong, reliable team has been crucial in working together to conquer the inevitable obstacles and develop a supportive community for the project.
There is some wisdom the Kush Kriminals team would share with others that stem from their experiences and learnings. Key values include honesty, integrity, hard work, persistence, and resilience. An open mind and willingness to learn from others are essential to succeed when faced with the unique challenges of the crypto space.
Looking ahead, Kush Kriminals has ambitious plans for growth and expansion. The brand aims to be present in every Cookies location across the USA and penetrate the CBD market for holders in states without legal cannabis access. This diversification will allow the brand to reach new audiences and ensure no holder is left behind.
Furthermore, Kush Kriminals plans to expand its saga with Sam Humphries, delving into comic books, movies, podcasts, and more, thus broadening the brand’s reach beyond its current offerings. Such growth will enable Kush Kriminals to tap into new entertainment mediums and captivate audiences worldwide.
In a world where digital collectibles and unique customer experiences are becoming increasingly important, Kush Kriminals is paving the way for the future of cannabis brands. Through its innovative approach and ambitious plans, Kush Kriminals is sure to make a lasting impact on the industry and its customers for years to come.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. The international web3 summit Synopsis announced that its 6th edition will be held offline in Istanbul on October 5–6, 2023. Synopsis Istanbul is devoted to all things digital economy and web3. It suits seasoned industry professionals, newcomers, projects willing to broaden their reach, and individuals eager to know where the industry is heading next. The summit gathers industry leaders to discuss the following topics:
Synopsis Istanbul expects 4,000 visitors during the two summit days and 1,000 guests at the afterparty. The summit venue is Istanbul Expo Center by The World Trade Centers Association.
The speakers who confirmed participation in Synopsis Istanbul include:
The top media partners of Synopsis Istanbul are leading industry companies. Previously, Synopsis summits were attended by C-level and top management of Algorand, Animoca Brands, ARPA Network, BeInCrypto, Binance, Bitget, BingX, Gate.io, KuCoin, Ontology, THETA Network, Verasity, Xangle, and more. At this edition, Synopsis also adds a startup pitch and a hackathon to the agenda.
The organizers chose to come to Istanbul for many reasons. Turkey is a crypto-friendly country where numerous blockchain companies have their local offices. Besides, Istanbul is a major transportation hub with one of the busiest airports in Europe. It is a popular destination on the intersection of Europe, Asia, and the MENA region.
Website: https://synopsis.events
Become a sponsor: https://synopsis.events/sponsors
About organizers
Coindar is the market research service and the world’s first crypto calendar.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
Source From : News