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2021-2022 GSW Glory

The Warriors drafted Jonathan Kuminga and Moses Moody in the 2021 NBA draft. They re-signed Steph Curry and acquired veterans to help them win their fourth title in eight years by defeating the Boston Celtics. However, they now face legal issues for promoting the bankrupt cryptocurrency exchange FTX.

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22 views1 page

2021-2022 GSW Glory

The Warriors drafted Jonathan Kuminga and Moses Moody in the 2021 NBA draft. They re-signed Steph Curry and acquired veterans to help them win their fourth title in eight years by defeating the Boston Celtics. However, they now face legal issues for promoting the bankrupt cryptocurrency exchange FTX.

Uploaded by

cardodalisay72021
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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2021–2022: Championship glory

With the 2021 NBA draft lottery, the Warriors landed the seventh pick in the draft from the
Minnesota Timberwolves from the D'Angelo Russell trade, and their own 14th overall
[138]
pick. With the seventh overall pick, the Warriors selected the NBA G League Ignite's
[139]
forward Jonathan Kuminga and with the 14th overall pick, the Warriors selected Arkansas
[140]
guard Moses Moody. The Warriors re-signed Curry to a four-year extension deal worth up
[141] [142]
to $215 million. They also acquired Magic forward Otto Porter Jr. and Heat forward
[143]
Nemanja Bjelica to one-year deals. On August 10, 2021, Andre Iguodala signed a deal to
[144]
come back to the Bay Area.
In January 2022, the team faced controversy after part-owner Chamath Palihapitiya
repeatedly stated on a podcast that he did not care about the ongoing persecution of
[145][146]
Uyghurs in China. The team distanced themselves from Palihapitiya stating that he
"does not speak on behalf of our franchise, and his views certainly don't reflect those of our
[147]
organization." The Warriors' statement was criticized for not mentioning the Uyghurs or
[148]
the genocide.
On April 10, 2022, the Warriors clinched the third seed in the Western conference, qualifying
for the playoffs for the first time since the 2018–19 season. In the first round, they advanced
past the Denver Nuggets, and triumphed over the Memphis Grizzlies in the conference
semi-finals. On May 26, 2022, the Warriors advanced to their seventh NBA Finals after
defeating the Dallas Mavericks in the Western Conference Finals, 4–1. On June 16, 2022, the
team won their seventh NBA title, beating the Boston Celtics 4–2. Curry, Thompson, Green,
and Iguodala all won their fourth championship as members of the Warriors.
In 2021, the Golden State Warriors, among other high-profile athletes and celebrities, were a
paid spokespersons for FTX, a cryptocurrency exchange. In November 2022, FTX filed for
bankruptcy, wiping out billions of dollars in customer funds. The Warriors, alongside other
spokespeople, are currently being sued for promoting unregistered securities through a
[149]
class-action lawsuit. In February 2022, the U.S. 11th Circuit Court of Appeals ruled in a
lawsuit against Bitconnect that the Securities Act of 1933 extends to targeted solicitation
[150]
using social media.

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