The world of professional sports is filled with superstars who retire and then consider making comebacks.
Many times it’s because they miss the competition or the accolades of fans.
But Tom Brady is considering a comeback and the reason why is disturbing.
NFL legendary quarterback Tom Brady is now a middle-aged former star.
A blitz attack blindsided the QB
But Brady recently hinted at the possibility that he may attempt a Michael Jordan-style comeback to the League.
And he just might have to in order to pay the rent, thanks to disgraced Democrat mega-donor and convicted felon Sam Bankman-Fried.
In his latest betrayal, Bankman-Fried, the founder and CEO of Futures Exchange (FTX), has apparently agreed to begin cooperating with a group of cryptocurrency users who are suing various FTX influencers.
And Tom Brady and his ex-wife, Gisele Bundchen, are in the crosshairs of the suit.
Brady and his former spouse, Bündchen, were named in a class-action lawsuit filed in Miami’s Southern District of Florida in November of 2022.
Along with Brady, the suit also names former NBA star Shaquille O’Neal, Golden State Warriors basketball star Stephen Curry, Los Angeles Angels pitcher and designated hitter Shohei Ohtani, Shark Tank’s Kevin O’Leary, and Seinfeld cocreator Larry David.
The class-action complaint was launched just months after the collapse of the crypto exchange company FTX.
The suit alleges that Brady and the other so-called “brand ambassadors” were responsible for “misrepresentations and omissions” in FTX ads where they urged acquaintances to throw their money away by investing into “the FTX Ponzi scheme.”
A losing team
Brady and Bündchen each took an equity stake in FTX as part of their ambassadorial partnership deal.
Brady became a brand ambassador and Bündchen took on the role of FTX’s environmental and social initiatives advisor.
The former power couple also appeared in a number of FTX commercials.
Curry also joined the ill-fated FTX team and signed on to a “long-term partnership” with FTX in September of 2021 in exchange for a now-worthless equity stake.
In one ad, Curry said that “with FTX, I have everything I need to buy, sell, and trade crypto safely.”
Seinfeld producer Larry David was featured in a Super Bowl commercial for FTX.
In the ad, David played a number of different roles rejecting a number of historically consequential ideas, such as the light bulb.
The advertisement then showed David rejecting FTX and saying “don’t be like Larry.”
According to an April 19 court filing, the plaintiffs in the case reached a settlement with Bankman-Fried.
Bankman-Fried was sentenced to 25 years in prison last month for his orchestration of multiple fraudulent financial schemes and was also ordered to pay $11 billion.
The convicted felon will also cooperate with the investors, and in exchange they will drop their civil liabilities against him.
The filing states that “[Bankman-Fried] has knowledge and other information that Class Representatives and Class Counsel believe will be valuable to Class Representatives’ cases against other defendants in the FTX MDL [multidistrict litigation], particularly relating to the underlying actions and their connection to Miami, Florida, where FTX’s U.S. headquarters were based, as well as each MDL Defendants’ knowledge of and assistance with the actions and connections to other states in which jurisdictions over those Defendants is asserted.”
According to CoinDesk, the convicted fraudster’s former friends and codefendants, Caroline Ellison, Nishad Singh, and Gary Wang, along with FTX lawyer Dan Friedberg, have made similar settlement agreements with the class-action plaintiffs.
Jacksonville Jaguars quarterback Trevor Lawrence has also settled.
Patriot Political will keep you up-to-date on any developments to this ongoing story.
