Tom Brady crashes FTX, loses Gisele (cartoon)

We're being sued civilly and may face criminal charges for our involvement in FTX.

Why Tom Brady was behind the FTX crash

(Monefize) Nov. 18, 2022. Sam Bankman-Fried's FTX crypto exchange collapsed with repercussions for the entire market being felt because of it. Sam Bankman-Fried, the disgraced CEO of FTX, has been under fire recently for mismanagement of billions of dollars in funds, which came to light after a liquidity crunch that turned out to really be a poorly hidden case of insolvency. But not many people really know about how Tom Brady and his ex-wife, Gisele Bundchen, are involved. Not only has the couple been promoting FTX for the past year, Tom Brady is under investigation for involvement in so much more. This crypto scandal continues to get much worse... #cryptocrash #ftxcrash #tombradyftx

The FTX Collapse, Explained | What Went Wrong | WSJ Wall Street Journal

(WSJ) Nov. 14, 2022. Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall.

News Explainers

Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. FTX’s Collapse: The Three Key Points on the Largest Crypto Bankruptcy Ever: https://youtu.be/kCM-agH1aGM #WSJ #FTX #crypto Illustration: Alexandra Larkin.