PANews reported on April 9 that according to Cryptonews, NBA star Shaquille O'Neal has agreed to pay $11 million to settle a class action lawsuit related to his participation in the Solana-based NFT project Astrals. On April 1, Florida federal judge Federico Moreno approved the final settlement agreement, and the order was made public on April 8. The settlement agreement established an $11 million fund for qualified investors who purchased Astrals NFTs or acquired the project's GLXY tokens between May 2022 and January 15, 2024. The lawsuit was originally filed in May 2023, accusing Shaquille O'Neal of promoting and helping to launch the Astrals NFT series, which the plaintiffs believed was equivalent to unregistered securities sales. They claimed to have suffered financial losses due to O'Neal's promotion activities.