Who exactly lost money with FTX, and how widespread was the impact? Did it primarily affect retail investors, large institutional investors, or both? Were there any specific regions or demographics that were disproportionately affected? How much money was lost in total, and how did this compare to other notable cryptocurrency failures in the past? Did FTX's collapse have any
Ripple effects on other cryptocurrency exchanges or markets? Lastly, what steps are being taken to ensure that similar incidents do not occur in the future, and how can investors protect themselves from such risks?
7 answers
KpopMelody
Fri Sep 13 2024
His association with the platform has garnered significant attention, both for his endorsement and for his personal investments.
CosmicWave
Fri Sep 13 2024
Unfortunately, Brady's investment in FTX Trading may have backfired, as the company recently faced bankruptcy.
Claudio
Fri Sep 13 2024
According to Bloomberg, Brady owned over 1.1 million common shares of FTX Trading, which was valued at approximately $45 million before the company's collapse.
ShintoSanctuary
Fri Sep 13 2024
Tom Brady, the renowned quarterback of the Tampa Bay Buccaneers, has been a prominent figure in the promotion and investment of FTX, a leading cryptocurrency exchange.
SsangyongSpiritedStrengthCourage
Fri Sep 13 2024
This significant holding makes Brady potentially one of the largest individual investors to have suffered losses from the FTX bankruptcy.