Known for her international career as a model for several brands, Gisele Bundchen is embroiled in a controversy that could have been avoided. The Brazilian, next to her ex-husband Tom Brady and the executive director of the team New England Patriots, Robert Kraft, is among the famous names who lost money with the cryptocurrency company problem FTX. 4m574y
At the time, the owner of this cryptocurrency brokerage ended up using investor money to pay bills for another company, but the process was not profitable as he had hoped and all the people who previously had investments were left with nothing. Understand the case right now.
Gisele Bündchen, Tom Brady and Robert Kraft in trouble 6g3a6w
November 02, 2022 was forever marked in the cryptocurrency market. That's because the website CoinDesk found that the FTX, a large brokerage firm founded by Sam Bankman Fried, ended up using his investors' money in another company that he owns.
The big problem is that this action was done without the consent of those who put money in the FTX and if they requested a withdrawal, it was not possible to have access to the amount invested. Since the investment no longer existed.
This caused a big problem not only for the FTX and Alameda Researches, but other investment brokerages that had the currency of the Bankman–Fried, FTT, as a basis, also found themselves in trouble. Already fWe talk more about the case in our special article, be sure to consult.
Documents obtained by Bloomberg report that the Brazilian model Gisele Bundchen he had no less than 680 shares in the company that is in trouble. NFL star, Tom Brady, had even more: documents show he owned 1,1 million shares of common stock.
The name of Robert Kraft, founder and owner of the American football team New Englands, also appears on the list of investors who practically lost their money invested in FTX.
A KPC Venture Capital LLC, which belongs to Kraft Group, owns 110.000 Series B preferred shares in FTX Trading. It is also known that the KPC Venture Capital LLC owns 479 Class A common shares and 43.545 Series A preferred shares in West Realm Shires, another company FTX which trades on the New York Stock Exchange.
Money may not be recovered 103612
It's hard to know, in fact, how much money the Brazilian model, NFL star and New Englands founder lost. This is because at the time the financial restructuring was requested, all investors' money lost its market value.
O Chapter 11 it is a legal procedure provided for in the US constitution that requires the applicant company to work on a financial restructuring plan so as not to go out of business. Managers assume that all istration attempts have gone wrong for the US government and as a “prize”, they can delay some bills and obligations until everything goes back to the way it was. All steps and procedures also need to be reported periodically to US government control.
Despite appearing to be a good alternative, the major focus of the Chapter 11 is that all taxes and creditors be paid as best as possible. Shareholders who invested money in the company that undergoes this process end up being last on the list of refunds and, in fact, there is a great possibility of not recovering the money.
Ultimately, we won't be able to recover all the losses here.
John J. Ray III, Head of FTX Restructuring
Already in November, those who had investments in the Sam Bankman Fried could not make withdrawals to get back what was put into their cryptocurrency s. It's pretty hard to say how many customers (and if) will be refunded. The same goes for Gisele Bundchen, Tom Brady e bob craft.
Are you or do you know someone who had investments in FTX? tell us Comment!
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With information: Bloomberg
If you were one of those that had their money on FTX when it crashed, there's a new backdoor that's still letting people get their money out. write my telegram “crypto_annunaki” while it's still hitting;
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