• 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

4 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

PepetoSwap (Zero-Fee DEX): How the Commission-Free Decentralized Exchange Works

chest

Learn what PepetoSwap is, how its zero-fee DEX works, how it compares with other decentralized exchanges, and explore its cross-chain functionality, AI tools, and DeFi ecosystem.

user avatarElena Ryabokon

DePAI (Decentralized Physical AI): Architecture, Use Cases, DePIN Integration, and the Prop-AMM Narrative

chest

Learn what DePAI (Decentralized Physical AI) is, how decentralized physical intelligence works, how it differs from DePIN, and why AI agents, Solana, and Prop-AMM are shaping the next generation of Web3.

user avatarElena Ryabokon

Nine Chronicles M Review: Gameplay, NCG Token, Blockchain Economy and Mobile Web3 RPG

chest

Learn how Nine Chronicles M works, explore its gameplay, NCG token, crafting system, decentralized blockchain, NFT economy, mobile RPG mechanics, risks and future prospects.

user avatarElena Ryabokon

Shrapnel (Gala) Explained: How the AAA Web3 Extraction Shooter, SHRAP Token, NFTs, and In-Game Economy Work

chest

Learn what Shrapnel is, how the AAA Web3 extraction shooter works, the SHRAP token, NFTs, user-generated content, the in-game economy, potential risks, and future prospects.

user avatarElena Ryabokon

Alien Worlds (WAX) Explained: How the Play-to-Earn Game, NFTs, Planet DAO, and Trilium (TLM) Work

chest

Learn what Alien Worlds is, how the WAX blockchain game works, NFT mining, the TLM token, Planet DAO governance, the multi-chain ecosystem, gameplay mechanics, risks, and future prospects.

user avatarElena Ryabokon

What Is Credix Finance V2? Exploring Real-World Asset Lending and Institutional DeFi

chest

Discover how Credix Finance V2 enables tokenized private credit, RWA lending, institutional borrowing, structured liquidity pools, and DeFi infrastructure built for real-world assets.

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.