Tom Brady Loses Big After Crypto Crash, Faces Lawsuits Over FTX Promotions
- Tom Brady lost $30 million in worthless stock from his endorsement deal with now-bankrupt crypto exchange FTX.
- Brady's wife, Gisele Bündchen, also lost $18 million in FTX stock for her advisory role.
- FTX filed for bankruptcy in November 2022, leaving Brady and other shareholders with worthless stock.
- Brady faces a lawsuit alleging he violated laws by promoting FTX without disclosing key financial details.
- Despite major losses from FTX and his NFT startup's struggles, Brady remains wealthy from his NFL career and other ventures.