#astralsnftio
Former NBA star Shaquille Oâ??Neal is embroiled in a lawsuit concerning his role in a Solana-based NFT project named Astrals. Filed in Florida’s Southern District, the class-action lawsuit alleges that Oâ??Neal actively participated in the project and was key to its valuation before his sudden departure. The venture involved 10,000 metaverse-ready avatars linked to a DAO and a play-to-earn game. Controversy also surrounds the project’s governance token, $GLXY, suspected of being an unregistered security. The legal proceedings intensified after lead plaintiffs were appointed, with evidence against Oâ??Neal encompassing deleted videos and tweets. A significant focus is on Oâ??Neal’s abrupt withdrawal from Astrals after endorsing the failed **FTX cryptocurrency exchange**.
Shaquille O’Neal Sued Over Botched And Abandoned NFT Project