Golden State Warriors facing legal action after FTX crypto collapse

The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning NBA champions of fraudulently promoting the now-bankrupt cryptocurrency exchange

LAWSUIT: A November 16 lawsuit in Miami by U.S.-based FTX customers is seeking damages from celebrity endorsers like Warriors guard Stephen Curry. Pic: Ezra Shaw/Getty Images

The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency exchange.

Elliott Lam, a Canadian citizen and Hong Kong resident, filed his proposed class-action lawsuit in San Francisco federal court on behalf of "thousands, if not millions" of people outside the United States who traded on FTX's platform.