Supermodel Gisele Bündchen reveals she was blindsided by the “terrible” collapse of cryptocurrency exchange FTX. What is known about this ball of millions in which the top model was entangled?
Top model Gisele Bündchen, who along with ex-husband Tom Brady was a major shareholder in now bankrupt cryptocurrency exchange FTX, said in an interview with Vanity Fair published on Wednesday that she was taken aback by the bank’s collapse. and that he believed it to be a good investment.
Vanity Fair reports that the couple had “invested millions in” FTX, but it has not yet been disclosed how much money they put into FTX Trading Ltd.
Bündchen said she believed FTX was “good and sound based on what my financial advisers have told me,” although she couldn’t discuss details for legal reasons.
The supermodel assumes that what happened to her “is no different from all other investors who trusted the hype”.
Bündchen dubbed the FTX collapse “terrible” and said he was “very sorry for all of us that this happened, and I just pray that justice is served.”
FTX was worth around $32 billion before declaring bankruptcy
Meanwhile, three of FTX’s executives and the company’s CEO Almeda Research have pleaded guilty to a scheme to defraud investors allegedly led by former FTX CEO Sam Bankman-Fried.
Known by the nickname SBF, Bankman-Fried was accused of diverting billions of dollars in money from FTX clients to the company Almeda Research, in order to cover expenses.
Bankman-Fried pleaded not guilty to eight criminal charges, including conspiracy to commit wire fraud and conspiracy to commit money laundering.
Ironically, in addition to being victims, Bündchen and Brady are also in the sights of some of the victims of FTX, as a lawsuit was filed against these two stars, along with other celebrity spokespersons, accused of promoting the company.
However, at this time, it is not yet clear whether the process is active. $25 million.
That’s the estimated value of Bündchen’s stake in FTX before the company went down, Forbes previously reported. Brady’s stake was worth around $45 million.
Gisele Bündchen: married in 2009, divorced in 2022
Bündchen and Brady were married in 2009.
The couple have two children together: Benjamin and Vivian and are also the parents of Brady’s son, Jack, from a previous relationship.
While they were still married, they faced months of rumors about a possible separation – speculation emerged that Bündchen was unhappy with Brady’s return to the NFL after a brief competition reform – before announcing, in October 2022, that they had completed their divorce.