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What happened to Tom Brady's FTX shares?

According to a new report from the New York Times, we now know more details concerning the fallout. Brady received $30 million -- almost entirely in FTX stock -- for his services in promoting the company, per the Times. Those shares are now worthless. Additionally, Brady is being sued by FTX customers after the company went under.

Did Tom Brady and Larry David endorse FTX?

Superstar celebrities like NFL quarterback Tom Brady and comedian Larry David are facing lawsuits for endorsing failed cryptocurrency exchange FTX. What can we learn from these cases? Due diligence is important and the now infamous FTX ad was right – “Stephen Curry is not a crypto expert.”

How much did Tom Brady get paid?

As the per report, Brady had received $30 million in shares for his part wherein the now retired QB pitched for the company in television ads and conferences. Brady's erstwhile wife and model Gisele Bundchen had also received $18 million worth of stock. The shares of both Brady and Bundchen have been rendered worthless now.

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