FTX investors sue Sam Bankman-Fried and celebrity endorsers

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FTX investors sue Sam Bankman-Fried and celebrity endorsers
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Investors have filed a lawsuit against disgraced FTX founder Sam Bankman-Fried and a slew of his company's celebrity endorsers.

last week after failing to raise cash to solve liquidity issues, leaving scores of investors in the lurch.David Boies, who represented Al Gore in, is among the proposed lawyers for the plaintiffs. Boies also previously represented Theranos in the fallen company’s legal challenges.

“And they use their social media, which has never been as powerful as it is today, and they targeted the regular consumer,” he said.

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