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 — in which she and her estranged husband Tom Brady have both heavily invested and advertised — calling the news a shock.
Speak against Vanity purse for an interview accompanying a stunning cover shoot for the magazine’s April issue, Gisele, 42, described the speculation surrounding her breakup with Tom, 45, as “deeply hurtful”, insisting she just “wanted all his dreams to come true” ‘ WHERE’.
She also talked about the investment she made in Sam Bankman-Fried’s FTX, as she and Brady are among the hundreds of people who potentially lost huge sums of money following the collapse of 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, as did its founder and CEO Sam Bankman Fried currently awaits trial in New York City on charges of fraud, to which he pleaded not guilty.
In the interview, Bundchen says she was “dazzled” and “not unlike anyone else who relied on the hype around Bankman-Fried and FTX.”
Gisele Bundchen spoke out for the first time since the failure of crypto exchange FTX — in which she and her estranged husband Tom Brady both heavily invested and advertised — calling the news a shock that “blindsided” her
She declined to go into details, but did offer that her advisers called FTX “a sound and great” investment.
“It’s just… awful,” she added. “I’m so sorry for all of us that this happened, and I pray that justice is done.”
Brady owns more than 1.1 million shares of FTX Trading common stock, which was worth $93 million at their peak.
Bundchen, who divorced the NFL player in October, owns more than 680,000 shares of stock in the same entity, which was 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, whether they bought them or if they were gifted to them in exchange for their promotional work.
Robert Kraft, the owner of the billionaire New England Patriots, owns more than 110,000 Series B preferred stock in FTX Trading, the entity that owns the major crypto exchange.
His company also owns 479,000 Class A common stock and 43,545 Series A preferred stock in West Realm Shires, the unit that owns the company’s U.S.-based stock exchange.
All told, 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 was worth $93 million at their peak. Bundchen, who divorced the NFL player in October, owns more than 680,000 shares in the same entity, which was once valued at $57 million
Bundchen takes the stage 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 lost potentially huge sums of money following the collapse of the cryptocurrency exchange.
The company filed for bankruptcy in November, and founder and CEO Sam Bankman-Fried is currently awaiting trial in New York City for fraud, to which he has pleaded not guilty.
Other large institutional investors include Tiger Global Management, the Ontario Teachers’ Pension Plan and Sequoia Capital.
Bundchen has finally opened up about her split from NFL star Tom Brady, describing the split as the “death of her dream” — while spreading rumors that she gave the soccer pro an ultimatum, forcing him to choose their relationship over his sports career.
“Listen, I always cheered for him and I would go on forever,” she said. “If there’s one person I want to be the happiest in the world, it’s him, believe me. I want him to achieve and conquer. I want all his dreams to come true. That’s what I really want, from the bottom of my heart.’
While vehemently denying that her divorce had anything to do with Tom’s decision to reverse his retirement from the NFL, Gisele — who added that the split was “like a death and a rebirth” — said the reason behind their split after 13 Years of Marriage was much more innocent, claiming that the couple just “grew apart” and realized they wanted “other things.”
‘Sometimes you grow together; sometimes you grow apart,” she said. “When I was 26 years old and he was 29 years old, 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, forcing him to choose between their relationship and his NFL career.
Brady and Kraft were pictured together in February 2017, when Brady won the Super Bowl for Kraft’s team
Brady and Bankman-Fried are pictured 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 choice. That doesn’t mean you don’t like the person. It just means that 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 huge upswing since her split from Tom – also furiously rejected any suggestion she is “against football”, saying she “has loved” watching her former husband on the pitch.
She even spoke out to defend his lackluster last season with the Buccaneers, seemingly placing the blame for their losses on Tom’s teammates, saying, “It’s a team sport and you can’t play alone.” I think he did a great job given the circumstances. I mean, he had no offensive line.”
Tom and Gisele finalized their divorce on October 28 last year, calling their marriage time with a gushing public announcement shared on social media.