Will FTX collapse affect Tom Brady?

The collapse of cryptocurrency exchange FTX could have financial implications for NFL star Tom Brady as investors look to claw back their money following the bankruptcy of the company.

Will Brady & Bündchen FTX get crypto?

The couple will receive crypto as part of a deal that makes Brady an exchange ambassador and Bündchen FTX's environmental & social initiatives adviser, a press release Tuesday said. The specific financial terms of the long-term partnership with Bankman-Fried’s exchange company weren't disclosed.

What is Tom Brady doing with Crypto?

Brady has already been active in the crypto sphere, helping found a NFT startup called Autograph that made non-fungible tokens for the NFL. He was just one of many celebrities that jumped on the crypto bandwagon back in 2021, when blockchain bulls were promoting that the value of crypto would only ever go up.

Does Tom Brady have a brand ambassador partnership with FTX?

Tom Brady, the quarterback of the Mi ami Buccaneers, had announced a brand ambassador partnership with FTX back in 2021. The collapse and buyout of one of the world’s largest cryptocurrency exchanges FTX is set to hurt the company’s investors bigtime.