--- title: "Tom Brady Apparently Lost an Ungodly Amount of Money in the FTX Crash" description: "Deflated Shares It's no secret that Tom Brady, golden-aged quarterback extraordinaire, was heavily invested into the now-bankrupt crypto exchange FTX at the time of its disastrous implosion into bankruptcy. The tomato-avoidant footballer was one of the crypto giant's most visible ambassadors, starring in FTX commercials, social media ads, and often taking to Twitter to tweet […]" date: "2023-01-12" modified: "2023-01-12" authors: - name: "Maggie Harrison Dupré" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/mharrison" url: "https://futurism.com/the-byte/tom-brady-lost-money-ftx" categories: - "Future Society" tags: - "celebrity" - "crypto" - "ftx" - "the digest" --- # Tom Brady Apparently Lost an Ungodly Amount of Money in the FTX Crash ![In new bankruptcy court filings reviewed by Insider, FTX reportedly unveiled exactly how much equity quarterback Tom Brady had in the exchange.]() *\Image: Drew Angerer via Getty / Futurism\* ## Deflated Shares It's no secret that Tom Brady, golden-aged quarterback extraordinaire, was [heavily invested]() into the now-bankrupt crypto exchange FTX at the time of its disastrous implosion into bankruptcy. The [tomato-avoidant]() footballer was one of the crypto giant's most visible ambassadors, starring in FTX commercials and often [taking to Twitter]() to tweet football-related crypto musings. But while he was understood to have an equity stake in the company, [the terms of his agreement]() with exchange was never publicly disclosed. As a result, his losses in the collapse have been unclear — until now. In new bankruptcy court filings [reviewed by *Insider*](), FTX reportedly unveiled exactly how much equity its top shareholders held in the formerly high-flying exchange. And let's just say that if we were Brady, we'd be feeling [pretty deflated](). Per the docs, the [flamethrowing bitcoin miner]() had a staggering *1.1 million common shares* of FTX. And while it's still unknown how much money he may have actually put into his partnership with the company, considering that FTX was valued at roughly $32 billion at the time of its collapse? The entirety of rival exchange Coinbase, for perspective, owned only a hair more FTX stock than Brady, at [1.3 million shares](). ## Dropping the Ball Alongside major investment funds like Tiger Global, Sequoia Capital, SkyBridge, and others, *Insider* reports that top shareholders include Patriots owner Robert Kraft, who had a little over 630,000 common shares, and [supermodel-slash-neighbor-to-Tom-Brady]() Gisele Bündchen, who clocked in just under 700,000 of the like. (Brady and Bündchen, who were married at the time, entered into that undisclosed September equity deal together.) All of these assets, *Insider* notes, are likely now worthless. It's also worth noting that Brady and Bünchen are also two of several celebrity targets of a massive [class action lawsuit]() accusing FTX and its famous ambassadors of intentionally hawking unregistered securities to low-information investors. [Normal celeb times]()! ## Still Alive Alas, we're sure it doesn't feel good for the company that you own over a million common shares in to go up in dumpster fire flames. And in the same vein, defending against a related class action lawsuit also doesn't sound fun. But we're sure the unretiree and his ol' bag o' bones have a few years left on the field, and an announcing job on *ESPN* waiting for him shortly thereafter. Financially, he'll likely be just fine. As for the potentially defrauded retail investors? We can't say the same. **READ MORE:** *[FTX bankruptcy documents show list of investors set to be completely wiped out, including Tom Brady and Robert Kraft]()* \[*Business Insider*\] **More on Tom Brady and FTX:** [*Behind the Lawsuit Against Celebs Who Shilled FTX Before Its Spectacular Meltdown*]() ## Author At Futurism, I've reported extensively on the rise of AI as a cultural and business force shaping the media industry, and more broadly how those dynamics are changing how we all consume and share information and relate to one another. I'm also fascinated by public health policy and ethics, the role of emerging tech in politics and governance — and the powerful people and forces at those intersections — climate change, and the environment. My investigation on Sports Illustrated's use of AI-generated authors with fictional biographies won a 2024 Mirror Award for "Best Story on Media Coverage of Artificial Intelligence in Journalism and the Media" from Syracuse University's SI Newhouse School, I contributed to Niemen Lab's 2025 Predictions for Journalism series, and I've discussed my work for Futurism during appearances on NPR, CNN, the BBC, the CBC, and more. I grew up in rural Pennsylvania and attended the University of Massachusetts Amherst, where I played Division I field hockey for the Minutewomen as a midfielder. Since then, I've lived in New Orleans, Louisiana and Manhattan, New York. I spend my free time running, reading, perusing archival fashion, and searching for the world’s best negroni. I also have a debonair tuxedo cat, Westley, who's named after "The Princess Bride." ### Author social links [Bluesky]()