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Soccer star Tom Brady, firms below the management of New England Patriots Robert Kraft, and crypto corporations Blackrock, Coinbase, Lightspeed Enterprise Companions, Pantera Ventures, and Tezos Basis are among the many names included in paperwork filed in Delaware chapter court docket as holders of FTX inventory.
In keeping with the filings, Brady held 1,144,861 in widespread inventory, whereas supermodel, businesswoman, and Brady’s ex-wife Gisele Bündchen had 686,761. The previous couple at one time served as ambassadors for FTX after taking fairness stakes within the firm in June 2021.
The Kraft Group, by KPC Enterprise Capital, held 634,144 in widespread and most well-liked inventory, and rival cryptocurrency change Coinbase held 5,284,899 in widespread and most well-liked inventory.
It’s troublesome to estimate a greenback worth for the shares, as FTX catastrophically collapsed earlier than going public.
Are Tom Brady and Larry David Chargeable for the FTX Catastrophe?
FTX has used its native FTT token to make enterprise acquisitions, together with the 2020 buy of crypto portfolio firm Blockfolio. On the time, the acquisition was valued at $150 million and stated to have been made with a combination of money, crypto, and fairness.
In actuality, 94% % of the deal was funded utilizing FTT.
On November 6, 2022, Binance CEO Changpeng “CZ” Zhao posted on Twitter that the change would liquidate its whole FTT place, successfully gutting FTX, which filed for chapter safety lower than every week later.
The widespread and most well-liked inventory listings symbolize a extra standard company possession mannequin that may not come to fruition.
Collapsed FTX Sought $100M Sponsorship Deal With Taylor Swift: Report
Earlier than its collapse, FTX boasted a formidable checklist of celebrities and athletes as ambassadors and spokespeople, together with Brady, Bundchen, Shark Tank’s Kevin O’Leary, and Golden State Warriors’ Steph Curry.
Whereas Curry and his SC30 firm don’t seem within the Delaware filings, O’Leary’s firm, O’Leary Productions, held 184,061 in widespread and most well-liked FTX inventory.
Talking on the Senate Committee on Banking, Housing, and City Affairs listening to in December, the movie star businessman referred to as Binance a “huge, unregulated monopoly,” alleging that Binance purposely precipitated FTX to break down.
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