• 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

Rise of AITECH Explained — How AI and Blockchain Are Shaping the Next Generation of Web3 Games

chest

An in-depth look at Rise of AITECH, a Web3 game combining AI, blockchain, and the metaverse, including gameplay mechanics, token economy, NFTs, and future growth.

user avatarElena Ryabokon

Untangled Finance Explained — How Real-World Assets Are Brought On-Chain for Institutional DeFi

chest

An in-depth overview of Untangled Finance, covering its architecture, real-world asset tokenization, risk management framework, and role in institutional DeFi.

user avatarElena Ryabokon

Fileverse is an innovative project for private storage and sharing of data on the blockchain

chest

In an environment where data privacy is critical, Fileverse offers a radically different solution. The project rejects the outdated centralized model, giving users absolute control over their files.

user avatarMax Nevskyi

Beldex: How a Privacy-Oriented Blockchain Enables Anonymous Digital Infrastructure

chest

An in-depth overview of Beldex, a privacy-focused blockchain. Network architecture, BDX token economics, ecosystem products, and the role of confidentiality in Web3.

user avatarElena Ryabokon

Immersys — Web3 MMORPG and NFT Metaverse on the WAX Blockchain

chest

Immersys is a Web3 MMORPG metaverse built on the WAX blockchain, where NFTs serve as in-game assets, access keys, and economic tools within a persistent virtual world.

user avatarAlexandra Smirnova

VirgoCX Explained: How a Licensed Canadian Crypto Platform Operates

chest

An in-depth overview of VirgoCX, a regulated Canadian crypto platform. Features, security architecture, trading tools, and its role in institutional crypto adoption.

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.