Nov 10, 2022
Nov 10, 2022
“It’s an incredibly exciting time in the crypto-world and Sam and the FTX team continue to open my eyes to the endless possibilities”, Brady ones said when asked about his FTX partnerships.
Tom Brady is estimated to have lost his entire net worth ($650 million) with FTX’s insolvency
Tom Brady, one of the greatest quarterbacks of all time, lost all his worth in the bankrupt cryptocurrency exchange FTX yesterday. The news is a huge blow to Brady, who is known to have invested all his money - $650 million - in the now insolvent crypto exchange.
How could this happen? Let's get a closer perspective...
The second largest cryptocurrency exchange FTX went bankrupt yesterday, leaving millions of investors in limbo with no hope of getting their money back. Brady is one of them, as he is one of the biggest supporters and ambassadors of the brand. Brady and his ex-wife Bundchen frequently appear in FTX commercials.
Brady's ex-wife Gisele Bundchen said last year: "I, Sam (FTX CEO) have a role to play in protecting our planet. I look forward to working with the FTX team to make an impact positive in our world!"
Yes, you heard that right. It literally says "Protect our planet" and "Make a positive impact on our world" while promoting fraudulent cryptocurrency exchanges to its millions of followers.
Tom Brady has appeared in many FTX commercials, trying to bring all his fans on the scam exchange
Brady and Gisele lost about $650 million when FTX became insolvent and its investors were unable to withdraw their money.
Brady has yet to comment on the matter, but he may be under pressure now that he is divorcing ex-wife Bündchen.
This is a warning to all investors: be careful where you put your money, especially when it comes to cryptocurrencies. Not your keys, not your coins!
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~By Bitcoin Baron~