In an event designed to be filled with laughter and light-hearted jabs, NFL legend Tom Brady found himself at the center of a Netflix roast that hit a bit too close to home.
The comedy special, “The Greatest Roast of All Time,” saw Brady facing sharp barbs from comedians, including Nikki Glaser. However, one particular joke about his financial losses in cryptocurrency visibly unsettled the seven-time Super Bowl champion.
Tom Brady’s Reaction to Crypto Jokes
During the event at the Los Angeles Forum, Glaser poked fun at Brady’s ill-fated investments in crypto, particularly his association with the now-defunct crypto company FTX.
“Tom also lost 30 million dollars in crypto… Tom, how did you fall for that? Even Gronk said, ‘I know that’s not real money,'” Glaser quipped.
This remark, which referenced Brady’s former teammate Rob Gronkowski, was met with mixed reactions from the audience.
Tom Brady’s connection to FTX goes deeper than just bad investment choices. He served as an ambassador for the company and, alongside his then-wife, Gisele Bundchen, received substantial stock as compensation for promoting FTX.
Brady and Bundchen are now facing legal challenges, as they and other celebrity endorsers are being sued by FTX investors seeking repayment after the company’s collapse.
FTX, once a behemoth in the crypto market with a valuation of $32 billion, filed for bankruptcy in November last year, rendering its stock, including the $48 million held by Brady and Bundchen, worthless. The downfall of FTX also brought legal troubles for its CEO, Sam Bankman-Fried, who faces federal fraud charges.
Read more: FTX Collapse Explained: How Sam Bankman-Fried’s Empire Fell
The roast, intended as a playful tribute to one of football’s greatest players, inadvertently underscored the real-life drama and financial turmoil Brady faces. Despite his achievements on the field, his off-field financial decisions have brought a significant share of scrutiny and stress, as reflected in the night’s uneasy laughter.
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