Tom Brady's Ex And FTX Top Equity Holder, Gisele Bündchen, FINALLY Speaks Out About Company's Collapse

By Ryan Canady | Saturday, 25 March 2023 09:30 AM
Views 6.1K

Supermodel Gisele Bündchen was a major investor in the now-defunct FTX exchange.

She had a significant amount of funds in the exchange and says she feels completely blindsided by what unfolded there. Her former husband, the legendary Tom Brady, also had a good chunk of money in the exchange. Both seem to feel they have been taken for a ride on this one.

Insider reports that the head of FTX, Sam Bankman-Fried, is now awaiting trial for the various crimes he has allegedly committed related to the collapse of this exchange. Bündchen is speaking out about the surprising bankruptcy of this exchange for the first time now. She told Variety: “I was blindsided,” and “I’m no different than everyone else that trusted the hype.”

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She is legally barred from speaking out too much about the specifics of the collapse, but she said: “a sound and great thing based on what my financial advisers told me.”

She continued by saying: “It’s just...terrible,” and “I’m so sorry for all of us that this happened, and I just pray that justice gets made.” It is believed that she owed up to 700,000 common shares of FTX based on some SEC filings of her exchange holdings. According to bankruptcy filings, Brady, a brand ambassador for FTX, also held approximately 1.1 million shares of FTX.

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Bündchen and her former husband Brady appeared in commercials for the FTX exchange. It is unclear what the exact extent of her and Brady’s losses are since the company remains private, and not all of those details are readily available to the public.

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Forbes had previously run estimates of the holdings of different parties involved with FTX and found that Brady had an estimated $45 million in holdings in FTX. His former wife’s holdings were believed to be worth approximately $25 million. However, this is simply an estimate based on the rough estimations of their shares’ value when FTX was in healthier and happier times. However, that is no longer the case, as the exchange has become defunct.

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These are just some of the latest victims of what appears to have been a massive fraud pulled on the shareholders of FTX over the years. The fact remains that many people will still be harmed by all of the fallout that comes with everything that has come out about FTX as of late.

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