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 »
2y 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...
2y ago from Formula1News.co.uk
F1 and Mercedes facing lawsuit over cryptocurrency...
As the legal battle unfolds over the alleged $11 billion fraud at...
2y 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...
2y 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...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pierre Gasly buys shares in the Tech3 MotoGP team
No description available...
9h ago from Motorsport.com
Pedro Acosta to race for Ducati in 2027 alongside Marc...
No description available...
13h ago from Motorsport.com
Toprak Razgatlioglu: MotoGP's newest superstar
On one fateful day, June 10, 2025, news finally broke that would mark one...
14h ago from MotorsportWeek.c...
Has Yamaha ditched its triplane aero for Ducati-style...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Donald Trump signs executive order confirming IndyCar...
No description available...
7h ago from Motorsport.com
Cindric returns to Team Penske for 2026 as...
No description available...
1d ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
1d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
4d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal could sacrifice duo to land 40-goal...
Arsenal are interested in signing the Atletico Madrid striker Julian...
4h ago from CaughtOffside.com
Arsenal’s terminally online Premier League title...
obotic team fuelled by data and scrutinised relentlessly in a climate of...
4h ago from TheGuardian.com
Report: Arteta wants £42m La Liga maestro to end...
Arsenal are keeping tabs on the development of the Villarreal midfielder...
8h ago from CaughtOffside.com
Real Madrid ready to cash in, 70m star sparks Arsenal...
Eduardo Camavinga could be on his way out of Real Madrid at the end of the...
6h ago from CaughtOffside.com
Comments
Hottest News
2026 F1 Barcelona Pre-Season Test - Day 5 morning results
Check out the morning results from the final day... Read More »
12h ago from RacingNews365.com
F1: Shakedown Times: Day 5 (Friday)
Friday's unofficial times from Barcelona. Read More »
7h ago from Pitpass.com
Aston Martin ‘struggle with F1 speed limit’ at...
Aston Martin are reportedly struggling with the... Read More »
11h ago from GPFans.com
