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 FTX be wiped out in bankruptcy?

Tampa Bay Buccaneers quarterback Tom Brady and New England Patriots owner Robert Kraft are among a list of FTX equity owners who are set to see their investments in the cryptocurrency firm be completely wiped out in bankruptcy proceedings, according to a report by Insider.

Will Tom Brady and Gisele Bündchen get FTX back?

Tom Brady and supermodel Gisele Bündchen had almost 2 million shares in FTX combined — and they may not get it back. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. The NFL star once served as an ambassador for FTX.

Who are the defendants in FTX's bankruptcy?

That action names Brady, TV personality Kevin O’Leary and former Boston Red Sox star David Ortiz — all Florida residents — as defendants. Other Big Law shops working on matters tied to FTX’s collapse include Sullivan & Cromwell, which is serving as a lead adviser for FTX in bankruptcy proceedings.