A federal judge on Wednesday dismissed most of the claims brought against Tom Brady, Shohei Ohtani, Steph Curry, Gisele Bündchen, Naomi Osaka, David Ortiz, the Golden State Warriors and other celebrity defendants over their promotion of failed cryptocurrency exchange FTX.

(Reuters) - A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars Tom Brady, Stephen Curry and Shohei Ohtani liable for promoting the collapsed cryptocurrency exchange FTX.

In his ruling, Judge K. Michael Moore said the commercial endorsements did not establish the celebrities knew FTX was a fraud.