Gisele says she was ‘blindsided’ by FTX failure and trusted the ‘hype’ behind SBF
Gisele Bundchen has spoken out for the first time since the failure of crypto exchange FTX, which she and her husband Tom Brady heavily invested in and publicized, calling the news a shock.
speaking to vanity fair In an interview that accompanied a stunning photo shoot for the magazine’s April issue cover, Gisele, 42, described speculation surrounding her split from Tom, 45, as “very hurtful,” saying time that she insisted that she only “wanted all her dreams to come true”. TRUE’.
She also discussed the investment she made in Sam Bankman-Fried’s FTX, as she and Brady They are among the hundreds of people who have lost potentially large sums of money following the collapse of the cryptocurrency exchange. She and Brady also appeared in the company’s Super Bowl commercial and were ambassadors for FTX.
The company filed for bankruptcy in November, and its founder and CEO Sam Bankman-fried is currently awaiting trial in New York City on fraud charges, for which he has pleaded not guilty.
In the interview, Bundchen says she was “shocked” and was “no different than everyone else who was relying on the hype around Bankman-Fried and FTX.
Gisele Bundchen spoke for the first time since the failure of cryptocurrency exchange FTX, which she and her husband Tom Brady heavily invested in and announced, calling the news a shock that “shocked” her.
She declined to go into details, but offered that her advisers called FTX a “solid and excellent” investment.
“It’s just…terrible,” he added. “I’m so sorry for all of us that this has happened, and I just pray that justice is served.”
Brady owns more than 1.1 million shares of FTX Trading common stock, which at its peak was worth $93 million.
Bundchen, who divorced the NFL player in October, owns more than 680,000 shares in the same entity, once valued at $57 million.
It’s unclear how much the former couple lost, as it’s not disclosed when they bought the shares, or indeed if they bought them or gave them away in exchange for their promotional work.
Robert Kraft, the billionaire owner of the New England Patriots, owns more than 110,000 Series B preferred shares in FTX Trading, the entity that owns his main crypto exchange.
His company also owns 479,000 shares of Class A common and 43,545 shares of Series A preferred shares in West Realm Shires, the unit that owns the company’s US stock exchange.
In total, the approximately 630,000 shares would have been worth $53 million.
Brady owns more than 1.1 million shares of FTX Trading common stock, which at its peak was worth $93 million. Bundchen, who divorced the NFL player in October, owns more than 680,000 shares in the same entity, once valued at $57 million.
Bundchen appears onstage with FTX founder Sam Bankman-Fried in 2022 at a cryptocurrency conference in the Bahamas. She was an ambassador for the company.
Bundchen and Brady are among hundreds of people who have lost potentially large sums of money following the collapse of the cryptocurrency exchange.
The company filed for bankruptcy in November, and its founder and chief executive officer, Sam Bankman-Fried, is currently awaiting trial in New York City on fraud charges, to which he has pleaded not guilty.
Other large institutional investors include Tiger Global Management, Ontario Teachers’ Pension Plan and Sequoia Capital.
Bundchen has finally opened up about her divorce from NFL star Tom Brady, describing the split as the “death of her dream” while slamming rumors that she gave the football pro an ultimatum forcing him to choose their relationship over his sports career. .
“Listen, I’ve always encouraged him and would go on forever,” he said. ‘If there is a person I want to be the happiest in the world, it is him, believe me. I want you to achieve and conquer. I want all his dreams to come true. That is what I want, truly, from the bottom of my heart.
Although she vehemently denied that their divorce had anything to do with Tom’s decision to reverse his NFL retirement, Gisele, adding that the split has been “like a death and rebirth,” said the reason behind of their separation after 13 years of marriage was much more innocent, stating that the couple just “blew up” and realized they wanted “different things.”
‘Sometimes you grow up together; sometimes you separate,’ she said. “When I was 26 and he was 29, we met, we wanted a family, we wanted things together.
Bundchen also furiously denied speculation that her marriage to Tom had ended because she gave him an ultimatum that forced him to choose between their relationship and his NFL career.
Brady and Kraft appear together in February 2017, when Brady won the Super Bowl for Kraft’s team.
Brady and Bankman-Fried appear together in a clip they shared on social media.
“As time goes by, we realize that we just wanted different things and now we have to make a decision. That doesn’t mean you don’t love the person. It just means that in order for you to be authentic and really live the life you want to live, you have to have someone who can meet you in the middle, right? It’s a dance. It’s a balance.
The supermodel, whose fashion career has seen a massive resurgence since her split from Tom, also furiously rejected any suggestion that she is “against football”, saying she “loved” seeing her ex-husband on the pitch.
He even spoke up to defend his lackluster final season with the Buccaneers, apparently blaming Tom’s teammates for his losses, saying, “It’s a team sport and you can’t play alone.” I think he did very well given the circumstances. I mean, he had no offensive line.
Tom and Gisele finalized their divorce on October 28 of last year, calling their marriage timely with a gushing public announcement shared on social media.