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Report: QB Brady lost $30M in collapse of FTX

www.espn.com Report: QB Brady lost $30M in collapse of FTX

Former NFL quarterback Tom Brady, who served as an ambassador for cryptocurrency giant FTX, lost $30 million in the company's collapse, The New York Times reported Friday.

Report: QB Brady lost $30M in collapse of FTX
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  • This is so misleading. He was supposed to receive $30M for sponsoring FTX and was paid in stock. That stock is now worthless. He didn't lose any of his own money - he just didn't get paid to promote a fraudulent company.