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
Enea Bastianini: 'You get scared at Balaton; changes...
No description available...
16h ago from Motorsport.com
Honda confirms Luca Marini to remain a factory rider...
Honda Racing Corporation has confirmed Luca Marini will remain as its...
20h ago from MotorsportWeek.c...
Luca Marini signs contract extension with Honda ahead...
No description available...
21h ago from Motorsport.com
MotoGP riders reveal first laps of new Balaton Park...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin praises Kyffin Simpson after titanic...
Two Team Penske drivers finished on the podium in IndyCar’s season...
11h ago from MotorsportWeek.c...
Louis Foster narrowly secures IndyCar Rookie of the...
After a season-long battle with two other rookies in the NTT IndyCar...
17h ago from MotorsportWeek.c...
Winners and Losers of the 2025 IndyCar Nashville...
No description available...
1d ago from Motorsport.com
Penske’s Josef Newgarden wins wild 2025 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier wants WRC title by “winning...
No description available...
14h ago from Motorsport.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1d ago from Motorsport.com
Sebastian Ogier and Vincent Landais win inaugural...
After dropping over half a minute on the opening day to winning Rally del...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal's hectic Deadline Day completes...
Arsenal's busy transfer window ended with an eighth signing in defender...
9h ago from SkySports.com
Report: Arsenal pull off double deal on deadline day...
Arsenal outcasts Albert Sambi Lokonga and Fabio Vieira are now joining...
11h ago from CaughtOffside.com
Arsenal complete Hincapie loan deal
Arsenal have completed a deal with Bayer Leverkusen to sign Piero Hincapie...
10h ago from SkySports.com
What I learned from interviewing this former Arsenal...
It doesn’t really surprise me to see Emi Martinez looking for a move to...
15h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri equals rare 59-year F1 record to end long...
It was a record-equalling day for Oscar Piastri... Read More »
49m ago from RacingNews365.com
Has 'special' Hadjar taken a step closer to becoming...
Isack Hadjar is favourite to be Max Verstappen's... Read More »
19m ago from SkySports.com
Former Fernando Alonso F1 team-mate arrested
One of Fernando Alonso's former team-mates has... Read More »
16h ago from RacingNews365.com
