Gisele Bündchen 'blindsided' by FTX collapse and 'trusted the hype'

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Gisele Bündchen 'blindsided' by FTX collapse and 'trusted the hype'
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Gisele Bündchen was one of FTX's biggest equity holders, and says she was 'blindsided' by its collapse

International supermodel Gisele Bündchen was among the top equity holders of the collapsed crypto exchange FTX, alongside her ex-husband the NFL legend Tom Brady.

But now, as Sam Bankman-Fried awaits trial in the aftermath of the collapse of his crypto empire, Bündchen has spoken about the FTX bankruptcy for the first time. "I'm no different than everyone else that trusted the hype." While she is legally unable to discuss the specifics, Bündchen said she initially believed FTX to be"a sound and great thing based on what my financial advisers told me."

"It's just...terrible," the fashion model said."I'm so sorry for all of us that this happened, and I just pray that justice gets made." as part of its bankruptcy process. While Brady, who was an FTX brand ambassador, owned just over 1.1 million common shares.

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