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U.S. #crypto investors sued #FTX founder Sam Bankman-Fried and several #celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive practices to sell FTX yield-bearing digital currency accounts.
The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S. https://www.reuters.com/legal/ftx-founder-bankman-fried-sued-us-court-over-yield-bearing-crypto-accounts-2022-11-16/
@AmerLiberal y'know, back in the 18th century, speculation was a crime punishable by death. True story!