Tom Brady"s Estranged Wife Gisele Bundchen Claims FTX Collapse "Blindsided" Her
Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the collapse of crypto exchange FTX. Bundchen claimed that she only invested in FTX because her financial advisors recommended it. Bundchen and Brady’s Shareholding in FTX
Gisele Bundchen, a fashion model and the estranged wife of former NFL quarterback Tom Brady, has said she only invested in Sam Bankman-Fried’s FTX because her financial advisors told her to do so. In remarks published in the Daily Mail, Bundchen suggested that she, just like other FTX investors, was “blindsided” by the crypto exchange’s spectacular collapse.
According to the Daily Mail, the celebrity model reportedly held more than 680,000 shares in the collapsed crypto exchange, which were at one point valued at $57 million. Brady, on the other hand, held more than 1.1 million FTX shares when the crypto exchange collapsed. Besides being a shareholder, Bundchen was the crypto exchange’s ambassador and just like Brady, she also appeared in FTX’s Super Bowl advertisement.
Bundchen Says She Wants Justice for FTX Victims
After FTX abruptly stopped operating, Bundchen and other celebrities were accused of engaging in deceptive practices. In a billion-dollar lawsuit filed by attorneys Adam Moskowitz and David Boies in Nov. 2022, Oklahoma resident Edwin Garrison also accused the celebrities of promoting unregistered securities.
However, despite her role in promoting the crypto exchange, as well as her perceived closeness to Bankman-Fried, Bundchen is quoted in the report claiming she too wants justice to prevail.
“It’s just…terrible. I’m so sorry for all of us that this happened, and I just pray that justice gets made,” the fashion model reportedly said. Tags in this story crypto exchange, ftx, Gisele Bündchen, NFL, Sam Bankman-Fried, Super Bowl, Tom Brady
What are your thoughts on this story? Let us know what you think in the comments section below. Terence Zimwara
Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results FEATURED | 21 hours ago Japan"s Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services FEATURED | 3 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous article80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says Next articleUS Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher