Tom Brady, Larry David took $100 million out of greed, says lawyer suing FTX influencers

Legal • April 19, 2023, 5:18AM EDT
The Block

Quick Take

  • The Block’s Frank Chaparro and Stephanie Murray interviewed Adam Moskowitz, the attorney leading a class action lawsuit against 16 FTX celebrity brand ambassadors.
  • According to Moskowitz, the celebrities who promoted the collapsed crypto exchange could be liable for $5 billion.

Episode 37 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Stephanie Murray and The Moskowitz Law Firm Managing Partner Adam Moskowitz.

Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Feedback and revision requests can be sent to [email protected].

Adam Moskowitz is the managing partner of Moskowitz Law Firm and one of the attorneys spearheading a class action lawsuit against 16 different FTX celebrity ambassadors.

In this episode, Moskowitz breaks down the legal argument underpinning the class action lawsuit and explains why he thinks FTX's various celebrity ambassadors could be on the hook for billions of dollars.

During this episode, Chaparro, Murrary and Moskowitz also discuss:

  • Trying to serve Shaquille O'Neal
  • How Taylor Swift did due diligence
  • Ambassadors versus influencers
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This episode is brought to you by our sponsors Circle and CleanSpark.

About Circle

Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit circle.com/Scoop to learn more.

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CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.


Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Authors

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.
Frank Chaparro is Host of The Scoop podcast and Director of Special Projects. He also writes a biweekly newsletter. Chaparro started his career at Business Insider, where he specialized in the intersection of digital assets and Wall Street, market structure, and financial technology. Soon after joining Business Insider out of Fordham University, Chaparro was interviewing top finance and tech executives, including billionaire Mark Cuban, “Flash Boys” star Brad Katsuyama, Cboe Global Markets CEO Ed Tilly, and New York Stock Exchange President Tom Farley. In 2018, he become a sought after reporter in the crypto world, interviewing luminaries such as Tyler Winklevoss, the cofounder of Gemini, Jeremy Allaire, the CEO of Circle, and Fundstrat head Tom Lee. For inquiries or tips, email [email protected].

Editor

To contact the editor of this story:
Andrew Rummer at
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