Tom Brady Likely Lost Big With FTX Crypto Collapse

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Tom Brady Likely Lost Big With FTX Crypto Collapse
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The football star and fashion model Gisele Bündchen sunk an unknown amount of their own funds into FTX in exchange for FTT coin.

Brazilian model Gisele Bündchen, reportedly planted a large stake into the FTX crypto exchange, after having already announced a partnership with FTX and its CEO Sam Bankman-Fried back in 2020. As brand ambassadors, the two, likely FTX’s native coin FTT.

On Tuesday, FTX announced it would be bought out by its rival Binance, now looking to cement itself as the largest degrading egg carton on the quickly disintegrating crypto trash heap. This is on top of liquidity issues that have stopped users from being able to withdraw their crypto funds from the exchange. FTX has promised users they would reimburse them, but they have yet to produce a timetable when this could happen.

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