The Golden State Warriors are being sued by a former customer of FTX, who accused the NBA franchise of fraudulently promoting the now-collapsed crypto exchange, Reuters reported.
Elliott Lam, a Canadian resident of Hong Kong, filed a lawsuit against the team in a San Fransisco federal court on Monday. According to a copy of the lawsuit obtained by Insider, Lam is reportedly seeking $5 million in damages as part of a class-action settlement for "thousands, if not millions, of consumers internationally" that he claimed had been scammed by FTX.
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