• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Celebrity investors could lose over $600M in FTX crash

Celebrity investors could lose over $600M in FTX crash

user avatar

by dapp_writer005

3 years ago


American football player Tom Brady and his wife, Brazilian supermodel Gisele Bündchen, signed an agreement with the FTX crypto exchange in 2021, as a result of which they received a stake in the company. Also, they invested about 650 million dollars. As part of the deal, Tom received bitcoin and became an ambassador for FTX. Gisele focused on the philanthropic aspects of the work. Other details of the collaboration were not disclosed.

The problems began when the discussion about the sale of FTX to the Binance exchange came up. While a lot of rumors and discussions were around the collapse of FTX, Changpeng Zhao wrote that Binance uses FTT tokens in its orders.

Due to the current situation, investors may lose their invested funds. In addition, the state of Sam Bankman-Fried has decreased by almost 94% and the head of the company no longer bears the status of a billionaire.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Making Money from Football: A Review of the Lazy Football Blockchain Game and Its Features

chest

The gaming industry is changing with the introduction of the play-to-earn model. Lazy Football is an innovative blockchain-based football simulator that turns in-game achievements into real income through NFT footballers and the LAZY cryptocurrency.

user avatarMax Nevskyi

Omega Review: A Modular Cross-Chain Platform for Yield Optimization and DeFi Management

chest

A detailed review of Omega — a next-gen cross-chain DeFi platform that unifies liquidity, simplifies yield strategies, and offers a modular approach to decentralized asset management.

user avatarElena Ryabokon

YogaPetz Review: How the Project Blends Wellness, NFTs and the Wellness-to-Earn Model

chest

A detailed review of YogaPetz — a Web3 ecosystem merging wellness practices, NFTs and wellness-to-earn rewards. Explore its mechanics, tokens, community features and long-term potential.

user avatarElena Ryabokon

IntentX - Trade derivatives in DeFi with institutional liquidity

chest

Amid rapid DeFi growth, IntentX offers an innovative derivatives trading solution—not just an exchange, but an infrastructure platform merging traditional market power with blockchain benefits.

user avatarMax Nevskyi

FuzzLand Review: How the Platform Redefines Security Standards for DeFi and Smart Contracts

chest

A detailed overview of FuzzLand — an automated Web3 security platform combining fuzzing, formal verification, and 24/7 on-chain monitoring to protect DeFi protocols and smart contracts.

user avatarElena Ryabokon

Comprehensive Review of Fordefi: MPC Security, Institutional Custody, and Advanced Access to DeFi

chest

In-depth review of Fordefi: an institutional MPC wallet offering secure Web3 access, advanced governance policies, and reliable infrastructure for managing digital assets and DeFi operations.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.