FTX class action lawsuit co-lead attorney Adam Moskowitz explains on The Big Money Show how he plans to recover the money stolen by Sam Bankman Freed.
Nothing was off limits during the period. tom brady A roast was held on Netflix over the weekend, and several guests used the opportunity to criticize the NFL great’s ties to the bankrupt cryptocurrency exchange FTX.
“Tom lost $30 million in crypto,” said comedian Nikke Glazer, joking about the intelligence of Brady, a retired New England Patriots player. rob gronkowski.
Tom Brady attends “The Greatest Roast Of All Time: Tom Brady” at Netflix Is A Joke Fest at the Kia Forum on May 5, 2024 in Inglewood, California. (Monica Schipper/Getty Images/Getty Images)
“Tom, why did you get into that?” Glaser continued, “I mean, even Gronk was like, ‘I know it’s not real money.'”
Brady invested $30 million in FTX and served as an “ambassador” for the platform until November 2022, when he lost his money when the exchange collapsed, according to a New York Times report last year.
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FTX’s collapse sparked a class action lawsuit by investors against founder and former CEO Sam Bankman Fried, and a number of sportsmen who promoted the exchange, including Brady, Stephen Curry, Shaquille O’Neal and Trevor Lawrence Starr was also named as a defendant. , David Ortiz, Shohei Ohtani, Naomi Osaka.
Sam Bankman Fried, co-founder of the FTX cryptocurrency derivatives exchange, appears in court in New York, US, on Wednesday, July 26, 2023. (Photographer: Yuki Iwamura/Bloomberg via Getty Images/Getty Images)
Bankman Fried was subsequently convicted of defrauding FTX’s investors and customers and sentenced to 25 years in prison. He is appealing both the conviction and sentence.
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Shortly after the cryptocurrency exchange collapsed, the Miami Heat’s arena, formerly known as FTX Arena, was renamed.
The FTX logo at the entrance to the old FTX Arena on November 12, 2022 in Miami, Florida. (Reuters/Marco Bello/Reuters Photo)
During the Netflix roast, comedian Kevin Hart also attacked Brady over the FTX connection.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| NFLX | Netflix Co., Ltd. | 606.00 | +9.03 | +1.51% |
“Guys, why didn’t you go to the Crypto.com Arena downtown?” Hart said. “The reason we didn’t go there was because we didn’t want to remind Tom’s fans how much he owed.”
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Fellow retired NFL quarterback Peyton Manning also threw out a cryptocurrency zinger.
“Tom is donating to all of the charities of his former teammates here tonight. And I just want to say, Tom, that’s first class,” Manning said, adding, “Everyone, please give him a Please don’t make me pay,” he added. In code. ”
FOX News’ Ryan Mollick contributed to this report.
