NFL star Tom Brady lost tens of millions of dollars due to the collapse of cryptocurrency exchange FTX.
Tom Brady, along with a few other famous names, had advertised the cryptocurrency exchange FTX for a while and appeared in the promotions of the stock market.
After it became clear that Sam Bankman-Fried, founder of FTX, was using the money customers deposited in the stock market to fund Alameda Research, the company filing for bankruptcy in November found.
This filing for bankruptcy has affected many FTX customers around the world, as well as celebrities who have sponsored FTX in the past.
According to the information conveyed by the American press, court documents show that NFL star Tom Brady was in FTX. More than 1.1 million stocks shows that.
According to estimates, these shares of Brady, the company about $45 million before it collapsed was doing.
Besides Brady, his divorced wife, Gisele Bündchen, also owned 686,000 shares in FTX.
Famous investor Kevin O’Leary was among the names that advertised FTX. O’Leary talked about it last month because of FTX. lost $15 million told.