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Shaq agrees to pay $1.8M to settle crypto lawsuit

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Former professional basketball player Shaquille O’Neal agreed to pay $1.8 million to settle a lawsuit related to crypto exchange FTX.

O'Neal was accused in the lawsuit of allegedly promoting FTX as a trustworthy and legitimate investment tool. FTX has since collapsed.

O’Neal does not admit wrongdoing in the settlement, which requires court approval.

Read more from CNBC.

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