Report: QB Brady lost $30M in collapse of FTX

https://www.espn.com/nfl/story/_/id/37974774/report-tom-brady-lost-30m-collapse-crypto-giant-ftx

4 points · 1 comments · view on lemmy.world

1 Comments

Notorious@lemmy.link · 1 pts · 3y

This is so misleading. He was supposed to receive $30M for sponsoring FTX and was paid in stock. That stock is now worthless. He didn't lose any of his own money - he just didn't get paid to promote a fraudulent company.