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
Tech analysis: Ducati’s more extreme fairing...
No description available...
1h ago from Motorsport.com
What Aprilia hopes to unlock with radical 2026 MotoGP...
No description available...
20h ago from Motorsport.com
Fabio Quartararo reveals what’s still missing on...
No description available...
1d ago from Motorsport.com
MotoGP Valencia test: Raul Fernandez leads Aprilia 1-2...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
10h ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
6d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
1d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
2d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Ian Wright namechecks ex-Chelsea & Man Utd stars...
Arsenal legend Ian Wright has hit out at the media's treatment of Real...
27m ago from CaughtOffside.com
Last Time Out: Gunners' crucial derby win!
Ahead of Sunday's North London Derby, we take a look back at the...
2h ago from SkySports.com
Terms agreed: Arsenal star rejects five clubs to...
Arsenal wonderkid Max Dowman has reportedly rejected offers from five...
2h ago from CaughtOffside.com
Jesus trains : Arsenal announce end of Visit Rwanda...
Morning. First up, a big win last night for Arsenal Women in the Champions...
3h ago from Arseblog.com
Comments
Hottest News
Why is the Las Vegas Grand Prix taking place on a Saturday?
Regardless of whether you are an avid F1 fan or... Read More »
47m ago from GPFans.com
F1 Practice Today: Las Vegas Grand Prix 2025 start times,...
The on-track action at this weekend's Las Vegas... Read More »
1h ago from GPFans.com
Verstappen baffled by Piastri’s sudden slump: ‘I find...
Max Verstappen has admitted that the sudden slump... Read More »
47m ago from F1i.com
