The Golden State Warriors were listed as defendants in a lawsuit stemming from the collapse of cryptocurrency exchange FTX.
The Warriors announced a deal with FTX in December to name the company their official cryptocurrency platform and NFT marketplace.
According to Reuters, Elliott Lam is alleging in his suit the NBA franchise helped to portray FTX as a "viable and safe way to invest in crypto."
This article will be updated soon to provide more information and analysis.
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