• 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

Xorion Network Overview — A Layer-1 Blockchain for Web3 and Enterprise Use

chest

In-depth analysis of Xorion Network: Layer-1 blockchain architecture, XRN tokenomics, privacy technologies, real-world use cases, and long-term development prospects.

user avatarElena Ryabokon

SecantX AI: how decentralized AI infrastructure enhances analytics and automation in Web3

chest

SecantX AI is a Web3 project combining artificial intelligence and blockchain to deliver analytics, automation, and decision-support tools for DeFi, DAO, and decentralized ecosystems.

user avatarElena Ryabokon

Next Basket: how AI and blockchain are reshaping e-commerce with the NEBA token

chest

Next Basket is a Web3 e-commerce platform powered by AI and the NEBA token. A detailed look at its concept, token economy, use cases, and long-term potential.

user avatarElena Ryabokon

Boss Cultr: how a racing GameFi project with NFTs is built and why it matters

chest

Boss Cultr is a GameFi project combining racing gameplay, NFTs, and a Web3 community. A detailed look at mechanics, use cases, and long-term development potential.

user avatarElena Ryabokon

Capizen: how an idle GameFi project on Solana works and why it stands out

chest

Capizen is a Web3 idle game on Solana featuring automated gameplay and the CAPI token. A detailed look at mechanics, economy, use cases, and future potential.

user avatarElena Ryabokon

Socket Protocol Overview: Cross-Chain Routing, Architecture and Web3 Use Cases

chest

In-depth overview of Socket — a cross-chain infrastructure protocol enabling secure and efficient interoperability between blockchains through routing, aggregation, and non-custodial design.

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.