Kevin Hart, Gwyneth Paltrow, Madonna, Jimmy Fallon & Others Cuffed With “Insidious” NFT Endorsements Suit; Manager Guy Oseary & Universal TV Named As Defendants Too
deadline.comLooks like a good old fashion cash grab celebrity endorsement has become a bit more fraught when it comes to the digital marketplace nowadays.
Less than a month after the likes of Larry David, Tom Brady Gisele Bundchen, and Stephen Curry were sued for bringing their well compensated star power to pitch now collapsed cryptocurrency firm FTX, a new class action filed in federal court aims to take the Golden State Warriors superstar and a pantheon of big names to the financial woodshed over shilling Bored Ape Yacht Club NFTs for hidden payoffs.
It’s an action that turns the spotlight uncomfortably not just on Curry again, but also Kevin Hart, Madonna, Jimmy Fallon, Justin Bieber, Paris Hilton, Serena Williams, DJ Khaled, Gwyneth Paltrow, and more.
Along with Universal TV also being named as a defendant, high profile music manager Guy Oseary is specified as the brains behind the whole alleged big bucks scam. “Defendants’ promotional campaign was wildly successful, generating billions of dollars in sales and re-sales,” says the lawsuit from Adonis Real and Adam Titcher filed on December 8 in U.S.
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