Crypto

He's Jewish so please be careful. We're not supposed to talk about his {ahem} appearance.


Adam Sandler Reaction Gif GIF by Death Wish Coffee
 

In the summer of 2021, Brady and Gisele signed an equity deal with cryptocurrency exchange FTX. On top of their partnership, the couple apparently invested a significant amount of their personal funds.

With crypto riding high, it seemed like a strategic investment with immense potential.

That did not age well.

FTX recently suffered a liquidity crunch, and as a result the value of its tokens collapsed overnight. Collapse might be an understatement, as the drop exceeded 80% in just one day.

There’s no clear indication of exactly how much money Brady put into FTX, but rumors have put the figure into the hundreds of millions.

That may not be likely, but it’s sure to be an eye-popping number regardless.

Crypto has always had some level of uncertainty, although huge gains in 2020 and into 2021 created some seeming stability.

Many of the major platforms and currencies have become household names. But the FTX collapse shows that there’s still substantial risk involved.
Meh- fuck him. For promoting such a sketchy Ponzi scheme in the first place, he deserves it.

It's not like it will bankrupt him though. The guy will be able to sell shit for people for 10+ years after he retires from playing. And he could probably be a first year OC, if he wanted to go the coaching route.
 
lol
 

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From the interwbz:

Brady’s Losses Could be Massive​

There’s no clear indication of exactly how much money Brady put into FTX, but rumors have put the figure into the hundreds of millions.
 

In the summer of 2021, Brady and Gisele signed an equity deal with cryptocurrency exchange FTX. On top of their partnership, the couple apparently invested a significant amount of their personal funds.

With crypto riding high, it seemed like a strategic investment with immense potential.

That did not age well.

FTX recently suffered a liquidity crunch, and as a result the value of its tokens collapsed overnight. Collapse might be an understatement, as the drop exceeded 80% in just one day.

There’s no clear indication of exactly how much money Brady put into FTX, but rumors have put the figure into the hundreds of millions.

That may not be likely, but it’s sure to be an eye-popping number regardless.

Crypto has always had some level of uncertainty, although huge gains in 2020 and into 2021 created some seeming stability.

Many of the major platforms and currencies have become household names. But the FTX collapse shows that there’s still substantial risk involved.

Sounds to me like lucifer has come to collect his debt. This will just be the beginning of the downfall of Thomas Edward Patrick Brady.
 
I never liked him, but I never wished ill will on the guy until he begged for a roughing the passer call on a routine sack against the Falcons this year and got it, and tried to kick Grady Jarrett in the nuts with no penalty

Those are not the actions of a man, and now I hope he loses every penny he’s ever made to this and takes a hit that paralyzes him from the neck down. Do not beg for penalties, especially on clean hits, bitch
 
Meh- fuck him. For promoting such a sketchy Ponzi scheme in the first place, he deserves it.

It's not like it will bankrupt him though. The guy will be able to sell shit for people for 10+ years after he retires from playing. And he could probably be a first year OC, if he wanted to go the coaching route.
He already signed a 10-yr $375 mil announcer contract that starts when he finishes football.
 
He already signed a 10-yr $375 mil announcer contract that starts when he finishes football.
There ya go- he won’t be hurting, even though he helped promote a Ponzi scheme that really did make many go broke.
 
Clicking on this....I expected @HammerDown to have started it.
 
Sam Bankman-Fried, founder of the FTX exchange that crashed lost an estimated $14 Billion out of his estimated worth of $15 Billion over a 2 day period. FTX investors were totally wiped out.

Whatever is left will dissipate after civil and criminal lawsuits. Dude is ruined.
 
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