Exactly what most of us here on FR knew what was going to happen with crypto currency.
I remember hearing Peter Lynch say "don't invest in anything you don't understand" back in the '80s. Seemed like good advice.
I believe Warren Buffet said he follows that rule too.
Another form of vaporware! >POOOF!<
FTX Trading, not crypto.
He lost big time in his fund and then robbed Trading account investors to keep it afloat.
In Tom Brady's case, there might be some hope.
I will speculate his stock shares in FTX were payment for his endorsement.
The big question - how much, if any, did Brady invest in Bitcoin or other crypto currency that was being held by FTX.
If Brady had crypto or USA cash deposits in FTX, that could all be dead money.