Big-name athletes — like Tom Brady — and sports franchises have ties to cryptocurrency exchange FTX Trading, which filed for bankruptcy.
Coinbase CFO Alesia Hass discusses the chaos surrounding crypto exchange FTX and if there are any suitors ready to buy the distressed company on 'The Claman Countdown.'filing for bankruptcy, big celebrity names that inked deals with the company — including Tom Brady, his ex-wife Gisele Bündchen and Boston Red Sox legend David Ortiz — may now find themselves passengers aboard a sinking ship.
With billions evaporated, it's unclear if investors, customers and backers will see any of their funds. Tom Brady and Gisele Bündchen attend the 2019 Met Gala celebrating"Camp: Notes on Fashion" at the Metropolitan Museum of Art in New York City on May 6, 2019. Jacksonville Jaguars quarterback Trevor Lawrence — the No. 1 draft pick in the 2021 NFL Draft — signed a multiyear sponsorship contract with FTX last spring.
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