1: football star tom brady, companies under the control of new england patriots robert kraft, crypto firms blackrock, coinbase, lightspeed venture partners, pantera ventures, tezos foundation, and supermodel gisele bündchen were among the names included in documents filed in delaware bankruptcy court as holders of ftx stock. binance ceo changpeng “cz” zhao posted on twitter that the exchange would liquidate its entire ftt position, causing ftx to file for bankruptcy protection.
2: on november 6, 2022, zhao posted on twitter about the liquidation of binance’s ftt position. less than a week later, ftx filed for bankruptcy protection. brady and bundchen served as ambassadors for ftx after taking equity stakes in the company in june 2021.
3: binance liquidated its entire ftt position, causing ftx to file for bankruptcy protection. o’leary, at the senate committee on banking, housing, and urban affairs hearing in december, called binance a “massive, unregulated monopoly,” alleging that binance purposely caused ftx to collapse. ftx catastrophically collapsed before going public.