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Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits

A federal choose in Florida, United States, is contemplating dismissing former NBA celebrity Shaquille O’Neal and tennis athlete Naomi Osaka from the FTX lawsuit, stating that it’s unclear whether or not the 2 had been served.

In a paperless order, U.S. District Choose Kevin Mooreinstructed the plaintiffs to offer trigger on why O’Neal and Osaka shouldn’t be dismissed from the swimsuit. Based on Moore, whether or not the 2 sports activities stars have been served is unclear. The choose gave the FTX prospects till December to point out trigger.

The order was one of many a number of the choose issued on March 9. In one other order, Moore reprimanded different movie star defendants for requesting to push again a scheduled convention with out following the correct steps.

Movie star defendants, together with Tom Brady, Gisele Bündchen, Kevin O’Leary, David Ortiz and Trevor Lawrence, requested for a time extension. Nevertheless, the choose identified that the request ought to have come from the plaintiff’s facet. Moore stated:

“The court docket ordered plaintiff, not the defendants, to maneuver for an extension of time to carry the scheduling convention.“

Due to this, the convention will proceed as scheduled, or the plaintiff could transfer for an extension of time to carry the convention, in line with Moore.

Traders might need averted FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO

In the meantime, as instances towards FTX pile up, some plaintiffs requested the consolidation of lawsuits towards the bankrupt change. Nevertheless, on March 8, a choose denied the consolidation request, highlighting that the defendants haven’t but been allowed to reply. U.S. District Choose Jacqueline Corley lately denied the request to consolidate 5 proposed class-action fits towards FTX.

On the identical day, attorneys representing former FTX CEO Sam Bankman-Fried famous that it could be essential to push again the prison trial scheduled to start out in October 2023. Whereas the attorneys didn’t formally request a date change, they identified that it could be wanted as a result of they’re nonetheless ready for proof to be turned over, and Bankman-Fried gathered extra expenses in February.

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