Tom Brady, Ontario Teacher's Pension Plan among biggest losers of the FTX cryptocurrency meltdown

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Tom Brady, Ontario Teacher's Pension Plan among biggest losers of the FTX cryptocurrency meltdown
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Brady had 1.1 million common shares of FTX Trading, which were worth about $93 million at the peak, and OTPP will write down the entirety of its $95 million investment.

Sam Bankman-Friedto which he has pleaded not guilty. Co-founder Gary Wang reportedly lost nearly $2 billion.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

New England Patriots owner Robert Kraft, center, carries the trophy with his team’s then quarterback Tom Brady as they leave the field after the 2018 AFC championship game.: The NFL legend and his super-model ex-wife starred in commercials for FTX and had a lot of shares.Article content Brady had 1.1 million common shares of FTX Trading, which were worth about $93 million at the peak, according to theThat said, nobody yet knows if they actually paid anything for the shares or were given them for promoting FTX.

“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,” Brady said in 2021. “This particular opportunity showed us the importance of educating people about the power of crypto while simultaneously giving back to our communities and planet. We have the chance to create something really special here, and I can’t wait to see what we’re able to do together.

Gisele Bundchen attends the “Rei Kawakubo/Comme des Garcons: Art Of The In-Between” Costume Institute Gala at Metropolitan Museum of Art on May 1, 2017 in New York City.Brady’s agent, Don Yee, and a spokesman for Robert Kraft did not immediately respond to DailyMail.com’s request for comment.

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