Truth Social has been TMTG's focal point, but the application for the TruthFi trademark signals a diversification of its business operations. The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and...
Shaquille O’Neal Agrees to $11M Settlement Over NFT Lawsuit
Shaq promoted Astrals NFTs as “DJ Diesel” and shared viral memes to attract investors, court documents reveal. Shaquille O’Neal has agreed to pay $11 million to settle a class action lawsuit brought by holders of the Astrals NFT collection. The settlement, submitted as an unopposed proposal on Monday in a...
Here’s When FTX Expects to Start Repaying Customers $16.5B
The repayments come after a court-approved plan received huge support from creditors, some who stand to recover up to 140% of their claims. FTX Trading Ltd and its affiliated debtors have announced that they are nearing the completion of key steps to implement their court-approved Chapter 11 reorganization plan. Once...