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Tom Brady owns more than 1 million shares in FTX that’s practically worthless after the crypto exchange collapsed
Fortune ^ | January 10, 2023 | JEREMY HILL AND BLOOMBERG

Posted on 01/10/2023 4:45:07 PM PST by PJ-Comix

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I'm in!
1 posted on 01/10/2023 4:45:07 PM PST by PJ-Comix
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To: PJ-Comix

Tom’s not having a good year.


2 posted on 01/10/2023 4:46:14 PM PST by Allegra
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To: Allegra

big rumor that Clinton had a bunch of money in it


3 posted on 01/10/2023 4:47:11 PM PST by RummyChick
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To: RummyChick

We’ll find out as the bankruptcy process grinds on, I suspect.


4 posted on 01/10/2023 4:47:59 PM PST by nascarnation (Let's go Brandon!)
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To: PJ-Comix

Exactly what most of us here on FR knew what was going to happen with crypto currency.


5 posted on 01/10/2023 4:48:04 PM PST by wjcsux (RIP Rush Limbaugh 12 Jan 1951- 17 Feb 2021. We really miss you. 😢)
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To: PJ-Comix

whats the downside to this?


6 posted on 01/10/2023 4:48:35 PM PST by RockyTx
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To: PJ-Comix

He should ask for 1 million stock certificates, sign them, and sell them as NFTs.


7 posted on 01/10/2023 4:49:16 PM PST by monkeyshine (live and let live is dead)
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To: PJ-Comix

> Tom Brady owns more than 1 million shares in FTX that’s practically worthless <

Well, McDonald’s is hiring. So Mr. Brady does have options.


8 posted on 01/10/2023 4:49:36 PM PST by Leaning Right (The steal is real.)
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To: PJ-Comix

did he get the shares for promoting it?


9 posted on 01/10/2023 4:49:38 PM PST by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: PJ-Comix

Aw, poor fella.


10 posted on 01/10/2023 4:49:59 PM PST by Tax-chick (Nature, art, silence, simplicity, peace. And fungi.)
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To: PJ-Comix

This is the real reason why Brady divorced. The fake retirement was just a cover story.


11 posted on 01/10/2023 4:51:09 PM PST by Extremely Extreme Extremist
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To: Leaning Right

Tony Romo is making $18 mil a year doing NFL games for CBS. I gotta believe Brady would be in that bracket.


12 posted on 01/10/2023 4:51:20 PM PST by nascarnation (Let's go Brandon!)
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To: RummyChick

Maybe that is WHERE all the Clinton Foundation $$$$$$ went.


13 posted on 01/10/2023 4:51:32 PM PST by ridesthemiles
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To: monkeyshine

GREAT IDEA


14 posted on 01/10/2023 4:51:55 PM PST by ridesthemiles
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To: PJ-Comix

1,100,000 + 680,000 x 0 = $0
Nice job, Tom & Giselle.
Chumps and their monies are soon parted.


15 posted on 01/10/2023 4:53:00 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: PJ-Comix

Looks like Tom will have to play until 2030...


16 posted on 01/10/2023 4:53:05 PM PST by SuperLuminal (Where is the next Sam Adams when we so desperatly need him)
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To: RockyTx

I don’t know his politics, but I wonder if for some of the “investors” this was just a way to launder money to
democrats?


17 posted on 01/10/2023 4:53:10 PM PST by Mogger
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To: PJ-Comix

If I were rich, I’d put money into gold (good hedge against inflation) or perhaps US bonds (if those are worthless, then you’re screwed anyway).

But apparently a lot of rich people are looking for Get Rich Quick schemes that promise unbelievable returns on investments based on nothing. All that risk taking seems to have a lot of downside and not a significant amount of upside. I mean: you’re already rich, so what’s the point?


18 posted on 01/10/2023 4:53:27 PM PST by ClearCase_guy (Government always tries to steal freedom; People should always try to stop Government.)
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To: Allegra

The $1.1 million is just how he was paid.
He’s still worth around $250 million.
He signed a broadcasting contract for $375 million.
Greatest NFL QB ever.
Can have almost any woman.


19 posted on 01/10/2023 4:54:21 PM PST by EEGator
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To: PJ-Comix

Hey Tom, you ever hear that if it sounds too good to be true then it probably is?

You just found out.


20 posted on 01/10/2023 4:55:02 PM PST by Bullish (Rot'sa Ruck America. )
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