News Details
Revealed: Mercedes hit with lawsuit over ‘multibillion-dollar global fraud'
Mercedes are facing a lawsuit from users of the now-bankrupt FTX, who sponsored the Silver Arrows from 2021 until November 2022. FTX filed for bankruptcy towards the end of 2022 which left Mercedes in 'disbelief'; however, it's now the Brackley-based team who are facing issues. Users of FTX have filed a lawsuit against Mercedes and Major League Baseball (MLB), who were both partners of the crypto exchange site. The twin-class lawsuits were filed in Florida on November 27, with Mercedes and MLB having been accused of “aiding and abetting and/or actively participating in the FTX Group’s massive, multibillion-dollar global fraud” as well as promoting unregistered securities. Want to...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
McLaren driver admits guilt in $23 million lawsuit
Reigning IndyCar Champion Alex Palou has admitted that he violated his...
1y ago from Formula1News.co.uk
F1 and Mercedes facing lawsuit over cryptocurrency...
As the legal battle unfolds over the alleged $11 billion fraud at...
1y ago from GPFans.com
F1's million dollar prize pot: this is how much prize...
Article To news overview © Red Bull Content Pool Although the prize pot...
1y ago from RacingNews365.com
Mercedes in court! 'Participation in billion-dollar...
Mercedes' Formula 1 team is being sued by users of FTX, a crypto exchange...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin to stay with Aprilia’s MotoGP team...
No description available...
11h ago from Motorsport.com
Alex Marquez surprised by pace as he’s cleared to...
No description available...
11h ago from Motorsport.com
Has Fabio Di Giannantonio set himself up for a...
No description available...
10h ago from Motorsport.com
Fabio Di Giannantonio sets lap record to top second...
Fabio Di Giannantonio set a stunning lap to break the all-time lap record...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Severe weather disrupts IndyCar practice from Iowa
A round of severe weather has delayed the first practice session for the...
7h ago from MotorsportWeek.c...
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
6h ago from Motorsport.com
Will Power’s contract decision on hold due to Team...
Will Power’s contract with Team Penske is up at the end of this season,...
11h ago from MotorsportWeek.c...
David Malukas braces for the “toughest weekend” of...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
William Sawalich wins ARCA West at Sonoma in surreal...
No description available...
3h ago from Motorsport.com
Shane van Gisbergen rockets to NASCAR Xfinity pole at...
No description available...
5h ago from Motorsport.com
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
6h ago from Motorsport.com
Apple new frontrunner for F1 streaming rights over N...
No description available...
6h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal close to Madueke deal after Chelsea give...
Chelsea have given Noni Madueke permission to leave their Club World Cup...
12h ago from SkySports.com
Real Madrid Transfer News Roundup: Los Blancos want...
Real Madrid have been quite active in the transfer market this summer.
11h ago from SportsKeeda.com
Exclusive: 'He only wants to play for Mikel Arteta'...
The deal for Viktor Gyokeres to Arsenal has NOT collapsed, despite the...
13h ago from CaughtOffside.com
'Little bit too obvious' – Collymore gives...
Arsenal have been busy in the transfer market in the last couple of weeks,...
14h ago from CaughtOffside.com
Comments
Hottest News
Michael Schumacher Accident: What is His Current Condition?
Michael Schumacher, the seven-time Formula One... Read More »
2h ago from Formula1News.co.uk
Martin Brundle Breaks Silence on Christian Horner Being...
Martin Brundle has expressed his sadness and... Read More »
2h ago from Formula1News.co.uk
Liam Lawson Speaks Out After 2025 British GP Crash
Liam Lawson’s British Grand Prix ended before... Read More »
2h ago from Formula1News.co.uk
