FTX investors sue MLB, Formula 1, and the Mercedes Formula 1 team, accusing them of aiding FTX's fraud, broadening a class-action suit against 24+ celebrities (Jef Feeley/Bloomberg)

November 28, 2023

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Jef Feeley / Bloomberg:

FTX investors sue MLB, Formula 1, and the Mercedes Formula 1 team, accusing them of aiding FTX’s fraud, broadening a class-action suit against 24+ celebrities — – FTX investors say leagues allegedly aided $11 billion fraud — Mercedes-Benz Formula 1 racing team also named in lawsuit

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