Last year, many athletes and sports personalities got involved in advertising for the cryptocurrency company FTX. However, FTX came crashing down last fall, filing for bankruptcy while founder Sam Bankman-Fried faces criminal charges for fraud.
One of the most famous faces at the front of FTX was Tom Brady, as the former quarterback was a prominent ambassador for FTX at its height. Brady and his then-wife, Giselle Bündchen, began promoting for FTX in 2021 through commercials, TikTok videos and other initiatives.
That means as FTX crumbled, Brady lost all of his money tied up with the company, which, according to The New York Times, included $30 million in company stock that FTX used to pay Brady for his services. FTX paid Bündchen $18 million in shares herself, so the couple lost $48 million total during the collapse.
