Michael Livieratos says he decided to go the FTX route after seeing Brady in commercials endorsing the cryptocurrency. In one of them – watch below – Brady was seen stating that "FTX is the safest and easiest way to buy and sell crypto."
Updated Tom Brady / FTX commercial pic.twitter.com/v4kIS9a9dA
— Freezing Cold Finance Takes (@FreezingFinTake) November 24, 2022
Brady also appeared alongside Sam Bankman-Fried (SBF), the disgraced ringleader of the FTX Ponzi scheme, in a video Brady posted to his social media accounts. Brady and SBF were at an FTX "Crypto Bahamas Conference" at the time:
Here's that video of Tom Brady and the FTX guy Sam whatever his name is ..? pic.twitter.com/iNeqt4bG0b
— SCOTTE (@ScotteSwz) December 13, 2022
Brady has yet to at least apologize for his involvement in the FTX scam, let alone provide any kind of explanation or even an excuse as to why he was buddy-buddy with SBF at the FTX conference in the Bahamas. (Related: At the height of covid, Brady was also approached by the federal government here in the United States to participate in its aggressive covid "vaccine" propaganda campaigns.)
"As a New England Patriots fan my entire life, you can imagine the influence that Tom Brady would have," Livieratos said.
The lawsuit alleges that Brady and FTX front man Kevin O'Leary, who co-hosts Shark Tank, "promoted, assisted in, and actively participated in" FTX's "offer and sale of unregistered securities."
"Literally overnight," Livieratos lost $30,000 as "FTX imploded" and filed for Chapter 11 bankruptcy. He says Brady and O'Leary are to blame because they perpetuated "misrepresentations and omissions" while "aggressively marketing" the scam using "deceptive" tactics.
Gisele Bündchen, Brady's wife who is currently divorcing him, was also seen in FTX advertising. We are told that she and Brady purchased equity stakes in the now-defunct company.
As someone who claims to be a Christian, Brady has a whole lot of explaining to do. Chances are, though, he will just slither away and never address the elephant in the room, regardless of his alleged culpability – and this is certainly not going unnoticed by his former fans.
Other celebrities have a lot of explaining to do, too, including Shaquille O'Neal who back in June appeared in an FTX commercial saying: "I'm all in. Are you?"
Larry David, David Ortiz, and Steph Curry are among the many other celebrity endorsers of FTX who have all eyes pointed on them. These guys are all filthy rich as it is, and their participation in the FTX scam further enriched themselves while bilking folks like Livieratos, allegedly, out of their life savings.
"This is what you get for worshipping false idols and idiots who play with balls," wrote a commenter about the situation.
"The end game for crypto is, POOF!!" wrote another about how we are likely to see a whole lot more of this as the crypto scam unravels.
"What do you expect from virtual money?" wrote another. "Virtual means it does not really exist."
Many others tried their best to coldly condemn Livieratos while defending Brady, presumably because Brady's political and religious leanings match theirs. This prominent "moral" figure's corrupt bedfellows and allegedly illicit profit schemes are apparently not a concern to these folks because he happens to be on their team.
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Sources for this article include: