Shaq Finally Served During Heat-Celtics Series… at Old FTX Arena

Someone finally spotted the 7’1″ basketball star — and filmed the encounter

article-image

Ron Adar/Shutterstock modified by Blockworks

share

Shaquille O’Neal has finally been served, according to lawyers representing a class-action lawsuit against FTX and celebrity spokespeople who appeared in promotional materials for the defunct exchange. 

A process server was reportedly able to reach O’Neal during the broadcast of the Miami Heat vs. Boston Celtics game in Miami, Florida, on Wednesday, May 24. 

Ironically, the game was being played at what is now Kaseya Arena, after being renamed from FTX Arena following the eponymous exchange’s collapse.

However, this isn’t the first time that the law firm claimed to have served O’Neal, who was named in the lawsuit in November 2022. 

Last month, the lawyers said that a process server had reached O’Neal outside of his Texas house and served him. O’Neal’s lawyers, however, claimed that the papers had been thrown at a car and landed on a public road. 

“It seems absurd to have to go to such great lengths to serve Mr. O’Neal, who is a deputy of the law,” Adam Moskowitz, one of the lawyers representing the plaintiffs in the FTX case, told Blockworks via email. 

Earlier this spring, a judge also denied a motion from the plaintiffs’ lawyers requesting that O’Neal be served digitally — through social media and email. 

The judge overseeing the case, Judge K. Michael Moore, told the lawyers at the time that attempts to serve O’Neal through social media were “factually unsupported and legally insufficient. Particularly in such a complex and costly litigation for all parties involved, the Court will not continue to tolerate such violations or frivolous arguments.”

The FTX class-action lawsuit alleges that O’Neal’s “FTX: I Am All In” influenced consumers to use FTX.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Marina Bay Sands Singapore

October 7, 2026

DAS Asia is a a single-day summit at Marina Bay Sands Singapore featuring conversations between the builders, investors, and global leaders are shaping the trajectory of the digital asset ecosystem in Asia & North America.

Hilton Park Lane, London

November 10-11, 2026

DAS London is a two-day summit at the Hilton Park Lane in London featuring conversations between the builders, allocators, and policy makers who are shaping the trajectory of the digital asset ecosystem in the UK, Europe, and North America.

recent research

Hyperliquid Purple - EXAMPLE (3).png

Research

Memecoin market cap is down 81% from its January 2025 peak, and the market has priced Pump.fun as if its business fell with it. However, Pump earns almost all of its revenue in the first day of a token's life, and activity at that stage is back at a record in SOL. The token trades at 2.8x sales against a peer median of 12x, with a programmatic buyback retiring roughly 17% of circulating supply a year. We attribute the discount to two errors: the market prices the memecoin index rather than Pump's revenue, and it overweights an alignment risk that buybacks cover for the life of the contract. We are constructive on PUMP, with the recent launchpad share loss to Pons and StonkFun as the risk to watch.

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

PodcastsNewslettersEventsRoundtablesAnalytics