Gisele Bundchen: "I lost $57 million. The collapse of FTX was a shock to me"

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Gisele Bündchen, one of the highest paid models, a former Victoria's Secret brand angel, said she lost tens of millions of dollars due to her connection with the FTX Group.

The collapse of the FTX cryptocurrency exchange last Novemberyear left many investors empty-handed. Among them are not only large institutional investors, but also a large number of individuals, famous athletes, TV presenters and other popular media personalities.

In a recent interview with the DailyMail one of the highest paid models in the world Gisele Bündchen (Gisele Bündchen) lamented that cooperation with FTX and its CEO Sam Bankman-Fried (Sam Bankman-Fried) had a detrimental effect on the financial situation of the family.

Some time ago Gisele Bündchen and her exhusband Tom Brady, an NFL star, took an active part in promotions as high-profile representatives of the FTX Group. The pair starred in the company's Super Bowl commercials and became FTX ambassadors.

Giselle told reporters that she and her husbandwere "blind" and "no different from anyone else" who had no doubts about the hype around Sam Bankman-Freed and his FTX. As a result, the star couple invested heavily in the exchange they advertised.

In total, Brady and Bundchen owned about 1.7 millionFTX Trading common stock, which at its peak was valued at almost $150 million. Of these, more than 600,000 shares were personally owned by Gisele Bundchen. As of January, Bündchen and Brady were among the largest individual holders of FTX shares, according to FTX's interim administration.

Now Brady and Bündchen appear asclass action lawsuit defendants on behalf of FTX clients who lost money in the crash. Critics claim that FTX used the star couple to lure as many people as possible to use the platform.

Recently, a group of investors FTX filed
another class action lawsuit. This time against the owner of the Bitboy Crypto YouTube channel, Ben Armstrong, accusing him of promoting the services of the now bankrupt cryptocurrency exchange.