Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her – Featured Bitcoin News


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.

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.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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