NFL Legend Tom Brady Caught in FTX Fallout, Risks Losing Complete Strategic Investment

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NFL Legend Tom Brady Caught in FTX Fallout, Risks Losing Complete Strategic Investment
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.NFL legend tombrady was already having a bad year and then ftx happened. thesamreynolds reports

. The deal would see Brady become a brand ambassador for the exchange and Bündchen an environmental and social initiatives adviser."It's an incredibly exciting time in the crypto-world, and Sam and the revolutionary FTX team continue to open my eyes to the endless possibilities," said Brady in a press release at the time.

The terms of the equity deal were not disclosed, but in the months following the announcement, FTX began work onNow that equity is worth significantly less as Binance prepares to take over FTX for pennies on the dollar.

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