Tom Brady's $30M Loss in FTX Collapse Revealed

1 min read
Source: ESPN
Tom Brady's $30M Loss in FTX Collapse Revealed
Photo: ESPN
TL;DR Summary

Tom Brady, former NFL quarterback, reportedly lost $30 million in the collapse of cryptocurrency company FTX, where he served as an ambassador. FTX filed for bankruptcy last November, and its former CEO is facing federal fraud-related charges. Brady and his ex-wife, Gisele Bundchen, who received $18 million in stock, are being sued by FTX investors seeking repayment. Other celebrities, including Shaquille O'Neal, Larry David, Naomi Osaka, and Stephen Curry, are also facing lawsuits related to FTX. Before its collapse, FTX was valued at $32 billion, but now it has no value.

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