Tom Brady grilled on crypto in Netflix special – ‘How did you fall for that?’
Former football player Tom Brady was grilled by comedians and former teammates during a Netflix roast and was among the most viral to emerge on social media for his role in promoting the bankrupt crypto exchange FTX.
On May 6, Netflix's “Tom Brady Roast” satirizes the retired NFL star through his career, his 2021 divorce from Gisele Bündchen, and many other pain points in his life.
Comedian and Roast host Kevin Hart poked fun at Brady for his role in their opening single at FTX, explaining why it took place at the Kia Forum stage in Inglewood instead of the Crypto.com Arena in downtown Los Angeles.
“You're probably thinking to yourself, ‘Guys, why don't we go to the Crypto.com Arena Downtown?' You might be asking.” Hart laughed.
“Well, the reason we didn't go there was because we didn't want to remind Tom's fans how much he owed. They killed those people. Tom beat those guys. It's good that he wronged them, right?”
Later, comedian Nikki Glaser also piled on Brady: “Tom also lost $30 million in crypto – how did you fall for that?”
“I mean, even Gronk was like, ‘I know it's not real money,'” Glazer added, taking a swipe at Brady's former teammate Rob Gronkowski — often the target of jokes about his intelligence.
Damn Tom Brady and they took out the entire crypto market in 1 fry pic.twitter.com/pCFTS1hvfQ
— BareNakedCrypto, (@BearNakedCrypto) May 6, 2024
In the year Shortly after the exchange collapsed in November 2022, Brady, Bündchen and several other famous athletes and celebrities were sued in a class-action lawsuit against them for allegedly profiting from promoting FTX.
RELATED: Lawsuit against FTX's popular promoters gets backup from ex-executive
Brady and Bündchen held an equity stake in FTX in 2021. Brady was reportedly paid around $30 million in FTX shares to promote the exchange and work with now-incarcerated founder Sam Bankman-Fried.
FTX filed for bankruptcy in November 2022 and it was revealed that the exchange's chief executives had been using customer deposits to fund trading activity – leaving a multi-billion dollar hole in its books.
In the year Throughout 2021, Brady has been heavily involved in the crypto industry. On April 7th, it announced the upcoming launch of its own NFT platform.
According to a July 2023 New York Times report, this innovation was forced to change its focus in 2023 after a massive increase in demand for the platform and NFTs.
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