The estranged wife of former NFL quarterback Tom Brady, Gisele Bundchen, said she was “shocked” by the collapse of cryptocurrency exchange FTX. Bundchen claimed that she only invested in FTX because her financial advisors recommended it.
Bundchen and Brady’s involvement in FTX
Gisele Bundchen, a model and estranged wife of former NFL quarterback Tom Brady, has said she only invested in Sam Bankman-Fried’s FTX because her financial advisers told her to. in comments published In the Daily Mail, Bundchen suggested that she, like other FTX investors, was “shocked” by the crypto exchange’s spectacular collapse.
According to the Daily Mail, the celebrity reportedly held more than 680,000 shares in the crashed crypto exchange, which at one point were valued at $57 million. Brady, on the other hand, held more than 1.1 million shares of FTX when the crypto exchange crashed. In addition to being a shareholder, Bundchen was the ambassador for the cryptocurrency exchange, and like Brady, she also appeared in FTX’s Super Bowl ad.
Bundchen says he wants justice for FTX victims
After FTX abruptly went out of business, Bundchen and other celebrities were accused of engaging in deceptive practices. In a $1 billion lawsuit filed by attorneys Adam Moskowitz and David Boies in November 2022, Oklahoma resident Edwin Garrison also accused 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 as stating that she, too, wants justice to prevail.
“It’s just…terrible. I’m so sorry to all of us that this happened, and I just pray that justice is done,” said the model.
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