The report also stated that YouTube influencers Kevin Paffrath and Tom Nash had agreed to settle in the class action suit against them. Paffrath and Nash had reportedly been paid to use their YouTube channels to promote the crypto exchange.
The lawyers representing the plaintiffs stated that in the court filing that they are “engaged in ongoing confidential, settlement discussions” with the other defendants named in the suit and that other settlements are imminent.
According to the filing, FTX paid Lawrence $205,555 to promote the crypto exchange. FTX is also seeking to recover payments made to O’Leary, Osaka, David Ortiz, and even professional basketball team Golden State Warriors. Companies like GameStop, Fortune Media, and Coachella Music Festival, LLC are also named in the filing.
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