Crypto: Tom Brady loses everything, is it FTX's fault?

Tom Brady and his ex-wife Gisele Bündchen have reportedly invested nearly $600 million in FTX. But we all know that Sam Bankman-Fried’s cryptocurrency exchange is currently in bad shape, and investors like Tom Brady aren’t spared from FTX’s woes.

Tom Brady, end of his crypto adventure?

American presses like Daily Mail, New York Post and Essentialy Sports looked into Tom Brady’s woes following the collapse of FTX. The American football player has effectively injected almost all of his holdings into the American cryptocurrency exchange. On good terms with SBF, his ex-wife Giselle Bündchen approved this initiative in June 2021. Hence the signing of an agreement.

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SBF and Gisele Bündchen at FTX Salt Crypto in the Bahamas

However, in the past few days, the world was witnessing the collapse of FTX, one of the worst scenarios to come after Terra. 72% is roughly the valuation of the losses suffered by the FTT, the token issued by Sam Bankman-Fried’s company. The latter would also have lost 93% of his net worth at the end of this fiasco.

He is therefore forced to let Binance’s CZ reign solo in the big leagues of the cryptosphere. This cryptocurrency billionaire would take over this bankrupt company, observers believe.

Tom Brady, from bad to worse

Long before this bad news about FTX, Tom Brady’s situation was not looking good. Already last October, Bünchen divorced the Tampa Bay Buccaneers star, after 13 years of marriage. The reason for this separation? Because Brady spends little time with his family; he can’t imagine giving up his career anytime soon.

However, on the ground, Tom Bardy is struggling to bring his team back to the path of success. Admittedly, they failed the reigning Super Bowl champions, the Los Angeles Rams, but certain indicators point to the decline of this 45-year-old player. Sports Keeda highlighted three major points: drop in the number of passes, lack of composure on the pitch, lack of commitment. This generous crypto donor must worry the staff of the Tampa Bay Buccaneers.

The news quickly spread around the world

Besides, we will note that FTX will bring other celebrities in its downfall. Besides Tom Brady, Stephen Cury and Shohei Ohtani will also be able to lose big, as will the Miami Heat Arena which is sponsored by FTX. In any case, Brady’s wife made a hasty decision about her divorce, since her ex-husband, in a phase of decline, risks throwing in the towel soon.

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