FTX bankruptcy set to wipe out investment from football star Tom Brady, Robert Kraft and Gisele Bündchen
Posted 67 days ago
From MARKETS.BUSINESSINSIDER.COM
The spectacular implosion of FTX has led to big investment losses for football star Tom Brady, New England Patriots owner Robert Kraft, and fashion model Gisele Bündchen.
As part of its ongoing bankruptcy process, FTX released a list of its top equity holders on Monday, detailing just how many investors are set to be completely wiped out from the downfall of the crypto exchange.
The document revealed that Brady, who was a brand ambassador for FTX and appeared in a commercial for the company, owns just over 1.1 million common shares of FTX. Meanwhile, Bündchen, who is Brady's ex-wife, owns just under 700,000 common shares of FTX.
Billionaire Robert Kraft, who owns the New England Patriots football team, was also listed in the FTX bankruptcy document. Through KPC Venture Capital, Kraft owns over 110,000 Series B preferred shares of FTX Trading, as well as 479,000 common shares and about 44,000 Series A preferred shares of West Realm Shires, the company that controls FTX's US-based exchange.... (Read more)
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