A new lawsuit centering around failed exchange FTX has named legendary sports stars like Tom Brady and David Ortiz as potential defendants. Many of these individuals have long been associated with FTX and promoted what is now considered a fraudulent and twisted exchange. Tom Brady and Others Are Being Sued The lawsuit was filed in the U.S. District Court of Miami, Florida. Not long ago, FTX had purchased the naming rights of the home arena for the Miami Heat. The lawsuit states: Part of the scheme employed by the FTX entities involved utilizing some of the biggest names in sports
Tom Brady and his now ex-wife Gisele Bundchen have lost close to two million shares that were at one point, worth as much as $150 million in the now dead FTX crypto exchange. The famous pair were among the many celebrities that either served to endorse the company or engaged…
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…