Gisele Bundchen has spoken out for the first time about her shock after the collapse of crypto giant FTX – which she and estranged husband Tom Brady both invested in heavily and advertised.
Speaking to Vanity Fair in an interview to accompany a stunning cover shoot for the magazine’s April issue, Gisele, 42, said she was ‘blindsided’ and ‘no different than everyone else’ who trusted the hype around Sam Bankman-Fried and FTX.
She and Brady were among hundreds of people who lost potentially vast sums of money following the firm’s sensational collapse. The pair also starred in the company’s Super Bowl commercial and were ambassadors for FTX.
The company filed for bankruptcy in November, and its founder and CEO Sam Bankman-Fried is currently awaiting trial in New York City on fraud charges, to which he has pleaded not guilty.
In the Vanity Fair interview, Bundchen also discussed the speculation surrounding her split from Tom, 45, which she described as ‘very hurtful’ and insisted she has only ever ‘wanted all his dreams to come true’.
Gisele Bundchen spoke out for the first time since the failure of crypto exchange FTX – which she and estranged husband Tom Brady both invested in heavily and advertised – calling the news a shock that ‘blindsided’ her
She declined to go into specifics but did explain that her financial advisors had described FTX as ‘a sound and great’ investment.
‘It’s just…terrible,’ she added. ‘I’m so sorry for all of us that this happened, and I just pray that justice gets made.’
Brady has more than 1.1 million common shares of FTX Trading, which at their peak were worth $93 million.
Bundchen, who divorced the NFL player in October, has more than 680,000 shares in the same entity, which were once valued at $57 million.
It is unclear how much the former couple lost, as it is not clear when they bought the shares – or, indeed, whether they purchased them or if they were gifted to them in return for their promotional work.
Robert Kraft, the billionaire New England Patriots owner, holds more than 110,000 Series B preferred shares in FTX Trading, the entity that owns its main crypto exchange.
His firm also owns 479,000 Class A common shares and 43,545 Series A preferred shares in West Realm Shires, the unit that owns the company’s US-based exchange.
Altogether, the roughly 630,000 shares would have been worth $53 million.
Other large institutional investors include Tiger Global Management, the Ontario Teachers’ Pension Plan and Sequoia Capital.
Brady has more than 1.1 million common shares of FTX Trading, which at their peak were worth $93 million. Bundchen, who divorced the NFL player in October, has more than 680,000 shares in the same entity, which were once valued at $57 million
Bundchen is pictured on stage with FTX founder Sam Bankman-Fried in 2022 at a cryptocurrency conference in the Bahamas. She was an ambassador for the company
Bundchen and Brady are among hundreds of people who have lost potentially vast sums of money following the collapse of cryptocurrency exchange.
The company filed for bankruptcy in November, and its founder and CEO Sam Bankman-Fried is currently awaiting trial in New York City on fraud charges, to which he has pleaded not guilty
Bundchen also opened up about her divorce from NFL star Tom Brady, describing the split as the ‘death of her dream’ – while blasting rumors she gave the football pro an ultimatum, forcing him to choose their relationship over his sporting career.
‘Listen, I have always cheered for him, and I would continue forever,’ she said. ‘If there’s one person I want to be the happiest in the world, it’s him, believe me. I want him to achieve and to conquer. I want all his dreams to come true. That’s what I want, really, from the bottom of my heart.’
While vehemently denying her divorce had anything to do with Tom’s decision to U-turn on his retirement from the NFL, Gisele – who added that the split has been ‘like a death and a rebirth’ – said the reason behind the end of their 13 year marriage was much more innocent. She claimed the pair simply ‘grew apart’ and realized that they wanted ‘different things’.
‘Sometimes you grow together; sometimes you grow apart,’ she said. ‘When I was 26 years old and he was 29 years old, we met, we wanted a family, we wanted things together.
Bundchen also furiously denied speculation that her marriage to Tom had ended because she gave him an ultimatum, forcing him to choose between their relationship and his NFL career
Brady and Kraft are pictured together in February 2017 when Brady won the Super Bowl for Kraft’s team
Brady and Bankman-Fried are pictured together in a clip they shared on social media
‘As time goes by, we realize that we just wanted different things, and now we have a choice to make. That doesn’t mean you don’t love the person. It just means that in order for you to be authentic and truly live the life that you want to live, you have to have somebody who can meet you in the middle, right? It’s a dance. It’s a balance.’
The supermodel – whose fashion career has seen a massive resurgence since her split from Tom – also furiously shut down any suggestion that she is ‘against football’, saying she ‘loved’ watching her former husband on the field.
She even spoke out to defend his lackluster final season with the Buccaneers, seemingly placing blame for their losses on Tom’s teammates, saying: ‘It’s a team sport and you can’t play alone. I think he did great under the circumstances. I mean, he had no offensive line.’
Tom and Gisele finalized their divorce on October 28 last year, calling time on their marriage with a gushing public announcement shared on social media.