- Tom Brady was reportedly paid $55 million by FTX crypto exchange for 20 hours of work per year over three years.
- Despite the hefty paycheck, Brady suffered massive losses when the exchange collapsed, losing nearly all value of his over 1.1 million common shares in FTX.
- FTX’s co-founder Sam Bankman-Fried, currently awaiting trial for fraud and conspiracy, reportedly had a significant falling out with Brady following the exchange’s collapse.