Codie Sanchez breaks down how Tom Brady lost $100 million through FTX, his divorce, and risky bets on NFTs and blockchain. A cautionary look at what happens when celebrities invest in things they don't understand.
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Tom Brady lost tens of millions if not 100 million plus in the FTX fallout Looks like there was massive mismanagement and potentially even fraud Tom Brady divorce speculation which could be another 400 million the guys lost Everybody's always up in a hype cycle if you remember Tom Brady and a bunch of other celebrities like all of these people were Talking about crypto NFTs Blockchain what do we know for sure? Tom Brady is not an expert in crypto NFTs and the blockchain I always get concerned when celebrities get into a game that they don't know anything about Tom Brady having athletes athletic wear and football gear makes sense. The second the celebrities get into a highly speculative highly potentially lucrative asset class like NFTS or blockchain that they know nothing about it's a no for me dog so when you get in the game whatever game it is that you're going to play make sure you're not speculating make sure you're actually playing your unfair advantage and that's not his.