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FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat By Cointelegraph - Modern Digital India
Thursday, June 11, 2026
International Investments

FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat By Cointelegraph

By Isabella Margaret
FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat By Cointelegraph
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© Reuters.

Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last November.

In an over 180 page Aug. 31 court filing, FTX’s financial advisors laid out a detailed list of high-profile figures and businesses it paid in its marketing efforts to see if they’re under rules allowing bankrupt companies to reverse the payments.

Highlighted excerpt of payments FTX said its made to various athletes and professional sports teams. Source: Kroll