Celebrities, Investors Scramble To Erase Evidence of SBF Ties
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Sam Bankman-Fried, essentially, deceived everyone. Celebrity backers. Politicians. Regulators. Now, as industry participants parse the growing fallout of the collapse of his former cryptocurrency exchange, FTX, prominent figures are rushing to quietly erase evidence of once-chummy relationships with the alleged fraudster. The NFL’s Tom Brady, for one — who in 2021 bought an equity stake in FTX with then-wife Gisele Bundchen — wiped all evidence of his ties to the company and Bankman-Fried. CFTC Commissioner Caroline Pham, appointed in April 2022, deleted a tweet of a photograph with Bankman-Fried that she had posted shortly after she was sworn in. It’s
With the conviction of FTX co-founder Sam Bankman-Fried (SBF) out of the way, investors are now turning their attention to celebrity endorsers of the exchange. A class-action lawsuit in Miami alleges that former football player Tom Brady, comedian Larry David, and other famous individuals encouraged them to trust the company…