Tom Brady and Gisele Bündchen may lose $48 million with crypto activity

Massive financial loss for Tom Brady and Gisele Bündchen. The ex-couple forfeit a whopping $48 million in a crypto crash

Bitter loss for Tom Brady and Gisele Bündchen.

The New York Times has revealed how much money the ex-couple lost in the FTX cryptocrash. According to the report, the seven-time Super Bowl winner and the top model lost a whopping 48 million US dollars.

Brady and Bündchen once got into business with Sam Bankman-Fried, founder of FTX, a marketplace for cryptocurrencies. Bankman-Fried had been able to recruit countless celebrities for his platform, but the former quarterback was his most important ambassador.

He and Bündchen appeared in ads, spoke at conferences and promoted the crypto marketplace.

Brady and Bündchen are being sued

Last November, however, the system collapsed. So it turned out that much of what the founder of the company had told was based on false information.

Countless people, including many ordinary citizens, suffered significant financial losses. Brady had invested 30 million dollars, his ex-wife 18 million. In return for their investments, the couple received shares in the company – these are now worthless.

But the financial loss is not the end of the story. Brady and Bündchen, along with other celebrities who promoted FTX, including Shaquille O’Neal and Larry David, are being sued by countless injured parties.

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10 months ago
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