Tom Brady, the NFL quarterback and ambassador for FTX, suffered significant financial losses when the cryptocurrency company collapsed. He had a lucrative deal with FTX, receiving $30 million in compensation, mostly in the form of FTX stock. His former spouse, Gisele Bündchen, also received $18 million worth of FTX stock. Brady made an urgent phone call to FTX's head of partnerships when the company filed for bankruptcy, but he was unable to reach him at first. FTX had partnerships with many sports leagues and athletes, including Brady and Bündchen, who starred in a $20 million advertising campaign for the company. Investors have initiated a class-action lawsuit against FTX founder Sam Bankman-Fried and other notable sports figures, including Brady and Bündchen, seeking accountability for their financial losses. Bankman-Fried's net worth plummeted from $30 billion to $4 million after the collapse of the company, and he now faces federal fraud charges.
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