Shaquille O’Neal throws shade at Jake Paul’s illegal crypto activity forgetting his own $32B FTX scandal

Shaquille O’Neal seizes the opportunity to make fun of YouTuber-turned-boxer Jake Paul for being accused of a cryptocurrency scheme while he is at the moment embroiled in a significant FTX promotion scandal.

The Security and Exchange Commission (SEC) has accused Jake Paul and seven other well-known people from other fields for promoting illegal cryptocurrencies, which has put them all in hot water.

On Wednesday, the SEC addressed The Problem Child and seven other celebrities’ participation in the illegal advertising of two cryptocurrencies on their social media platforms. They are altogether charged for taking part in promotional activities “without disclosing that they were compensated for doing so and the amount of their compensation,”

How did Shaquille O’Neal react to Jake Paul’s crypto scandal? 

The former Los Angeles Lakers star participated in a similar controversial crypto scheme as well. The African proverb “When an elephant is down, even an ant will kick him” is undoubtedly true. For signing a deal with FTX that he never should have, Shaquille has been there just as Jake Paul and dealt with backlash from his fans.

Jake Paul, Soulja Boy, and Lil Yachty are featured in a news article on Instagram that was shared by Dr. Shaq on his story. Details of their work promoting the Tron Foundation, BitTorrent Foundation, and Rainberry enterprises are are being mentioned there in short. 

Along with Jake, other artists involved in the ground-breaking crypto scandal include actress Lindsay Lohan, singer and rapper Soulja Boy, singer Austin Mahone, porn actress Kendra Lust, rapper Lil Yachty, singer Ne-Yo and rapper Akon. Their fans have already gone absolutely bonkers as a result of the news, which is now spreading like wildfire.

How do you feel about Shaquille O’Neal making fun of Jake Paul for doing something he himself did as a famous basketball figure? Let us know your thoughts in the comment section. 

Khandaker Muntasir

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As a passionate UFC enthusiast, Khandaker Muntasir Hossain provides coverage of MMA, wrestling, and boxing on multiple platforms. With his deep knowledge of sports, he immerses readers in the excitement of various arenas, whether it's the octagon, squared circle, pitch, court, or ring. Through his writing and love for sports, he aims to motivate others to explore their own sporting interests and experience the magic that sports bring.


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