FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat

FTX has revealed the millions it has paid out to the likes of Shaquille O'Neal, Naomi Osaka and others it seeks to recover. .

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FTX, the bankrupt crypto exchange, is investigating whether it can recoup the millions of dollars paid out to celebrity athletes and sports teams who promoted the exchange before filing for bankruptcy last November .

In a more than 180-page court filing dated August 31, FTX's financial advisers presented a detailed list of people and companies it has paid as part of its marketing efforts to see if they are subject to rules allowing bankrupt companies to reverse payments. .

List includes $750,000 paid to former professional basketball player Shaquille O'Neal, over $300,000 to tennis pro Naomi Osaka, over $270,000 to former baseball star David Ortiz and over $200,000 to American football quarterback Trevor Lawrence.

Highlighted snippet of payments that FTX has reported to have been made to various athletes and professional sports teams. Source: Kroll

Also included are nearly $420,000 paid to the Golden State Warriors professional basketball team and over $250,000 in various payments to the Miami Heat.< /p>

The filing cautions, however, that the final amount that FTX may recover through these efforts “may vary significantly from the reported amount.”

Related: Apple Obtains Reservation Rights to Sam Bankman-Fried for $5 Million: Report

Many celebrities named in FTX's recent filing have been the subject of class action lawsuits by FTX users seeking damages.

O'Neal, Osaka and the Golden State Warriors have been sued by FTX customer groups for allegedly promoting the exchange – which they claim was sold without registration...