According to a report by Nytimes.com, the collapse of the FTX cryptocurrency exchange has resulted in legal troubles for Tom Brady, the legendary quarterback, and his ex-wife, supermodel Gisele Bündchen. The endorsement deal between FTX and Tom Brady consists of $30 million in FTX stock, while Gisele Bündchen received $18 million in FTX stock. Tom Brady, being a former college football player, was at the top of their list. In summary, the collapse of the FTX cryptocurrency exchange has put Tom Brady and Gisele Bündchen in legal jeopardy. They are among the many celebrities who are facing the consequences of endorsing crypto projects.

Source: New York Times July 07, 2023 07:39 UTC