Celebrities Involved
NBA Hall of Famer
Shaquille O'Neal
He is the owner of FTX
Sam Bankman-Fried
Bankruptcy
A legal process for people or businesses who cannot pay their debts.
Former NFL quaterback
Tom Brady
The company lost this with their consumers
Trust
Endorsement
An official statement from a public figure promotes or recommends a brand or product
Shark Tank Investor
Kevin O'Leary
The amount ($) taken from consumer assets
$10 billion
Crypto Currency
Digital money that doesn’t rely on banks, and can never be faked
Tennis star
Naomi Osaka
Shaq payed ______ in fines
$1.8 million
FTX company
Was one of the largest crypto platforms. Founded in 2019 by Sam Bankman-Fried. Gained popularity through celebrity endorsements.
Supermodel
Gisele Bündchen
The percentage they payed back customers
118% - 142%