Naomi Osaka sued in class action lawsuit against FTX


Naomi Osaka and other sports stars such as Stephen Curry, Shaquille O’Neal and Tom Brady, along with many others, have been sued in a class action lawsuit in Florida against the bankruptcy of FTX. The initiators of the lawsuit accuse the company of using a fraudulent scheme to raise funds using some of the biggest names in sports and entertainment as well.

740 million dollars of cryptocurrencies were found in the company’s wallets: over two billion dollars from the exchange’s customers are said to be missing, who according to the American media risk never seeing the invested funds again.

FTX went bankrupt in a liquidity crisis earlier this month, owing its 50 largest creditors at least $3.1 billion. This was revealed by the Washington Post, citing new trial documents. The highest amount to be repaid is $226 million, but there would also be ten creditors with claims of at least $100 million.

Companies that have invested in FTX include BlackRock, Sequoia Capital, Tiger Global and the Ontario Teachers’ Pension Plan.

Naomi Osaka: “Victories and defeats damaged my mental health”

The four-time Grand Slam champion went on to add that she realized she had to establish a new metric for success, because relying on the outcome of a match was affecting both her mental health and her love for the sport: ” One of the hardest parts it was, right after a loss, going to the press room and talking to the media, answering questions about why I had played poorly or what I could have done better, and being asked how it feels to have just lost the game.

Neither of these conversations are pleasant, but especially not after a loss. It’s like pouring salt into a wound. The weight of a match result made me realize that I had to step back and create a new metric for success, because the hyper-fixation on wins and losses hurt my mental health and my love for the game.”

The Japanese for 2023 will certainly try to get closer to the standards it had put in place between 2018 and 2021. Naomi Osaka, among other things, was the first Asian in history to have reached the primacy of the WTA world rankings. At the Australian Open, if she should play, she will be among the favorite to win.



Source link: https://www.tennisworldusa.org/tennis/news/Tennis_Stories/125835/naomi-osaka-sued-in-class-action-lawsuit-against-ftx/

Sponsors

spot_img

Latest

score and latest updates from the Euro 2024 qualifiers

04:29 PMOleksandr Zinchenko speaksI am asking: 'Why? For what?' It has been one year of nightmare. Most of my family is still in...

Jurrien Timber is more important than Virgil van Dijk and could make Ben White Arsenal’s John Stones

In Jurrien Timber, Arsenal have signed a player who brings 'great football' to every team he plays for. But aside from shoring up a...

Fulham set to land Southampton’s Mohammed Salisu and Ajax’s Calvin Bassey

Fulham are set to spend more than £30 million on two new centre-backs as they close in on deals for Southampton’s Mohammed Salisu...

Gunners aim to bounce back from Man City defeat and pick up huge win in Premier League title race as Emery faces former club...

Arsenal will be looking to bounce back from a damaging defeat to Manchester City in midweek when they take on Aston Villa today. The...

Football news LIVE: Klopp responds to Liverpool transfer gossip and Bellingham claim, Man United positive about Rashford injury, official apologises to Robertson

talkSPORT.com brings you all the latest football news and gossip… Top stories Jurgen Klopp makes transfer admission as Liverpool pull out of race to sign...