PYMNTS-MonitorEdge-May-2024

crypto endorsements

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
November 28, 2023  |  Legal

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz...

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SEC Warns Against Celebs Crypto Endorsements After $1.4M Fine
SEC Warns Against Celebs Crypto Endorsements After $1.4M Fine
February 19, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) is warning celebrities to be careful about endorsing cryptocurrencies. The commission issued that warning Friday (Feb. 17) after announcing...

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