Tom Brady, Stephen Curry, Other Athletes Named in FTX Collapse Lawsuit | News, Scores, Highlights, Stats & Rumors

AP Photo/Matthias Schrader

According to Zachary Halaschak of Washington Examiner.

Among the athletes listed are Tom Brady, Stephen Curry, Shaquille O’Neal, Udonis Haslem, David Ortiz, Trevor Lawrence, Shohei Ohtani and Naomi Osaka.

The lawsuit claims these individuals “promoted, aided and actively participated” in the alleged scheme.

FTX filed for bankruptcy this week after facing a “severe liquidity crisis”.

“I screwed up, and I should have done better”, Bankman-Fried tweeted.

The class action lawsuit, led by Oklahoma resident Edwin Garrison, claims FTX was a “designed to take advantage of unsophisticated investors across the country.”

The athletes helped promote the FTX brand, with Brady appearing in a commercial alongside his then-wife Gisele Bündchen before the couple finalized their divorce in October.

Brady and Bündchen were also announced as shareholders of the company.

Curry has also promoted FTX, saying in his ad that the platform allows him to buy and sell cryptocurrencies without being an expert:

Lawrence signed an endorsement deal with Blockfolio, which is powered by the FTX app, becoming the first of its kind to pay out part of his signing bonus in cryptocurrency.

Athletes could now suffer from these deals amid FTX’s collapse.

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