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 becau...
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 FTXGisele 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 VictimsAfter 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.
What are your thoughts on this story? Let us know what you think in the comments section below.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days
On July 1, 2026, the temporary permission that lets crypto companies keep operating in Europe while they wait for a proper MiCA li...
Kraken scores FIFA World Cup 2026 sponsorship just days before Brazil-Morocco opener
Kraken's FIFA partnership signals a heightened trust in crypto exchanges, potentially revitalizing crypto-sports sponsorships post...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional m...
Michael Saylor teases another Strategy Bitcoin purchase for Monday
Saylor's Bitcoin strategy could significantly impact market dynamics, influencing supply and price trends while posing financial r...