Tom Brady was a celebrity investor in FTX, a start-up cryptocurrency company. Recently, the company has seen an unprecedented freefall, costing everyone involved and everyone who had the currency millions and even billions.
However, before that occurred, it was arguably one of the most popular and well-known cryptocurrencies. This was largely a result of the famous people that endorsed or invested in it, like Brady, Steph Curry, Shaquille O'Neal and many others.
That list very nearly included 11-time Grammy winner Taylor Swift. The music megastar was reportedly very close to partnering up with Brady and the rest of the FTX crew.
According to Financial Times, there were real negotiations about the deal:
"FTX’s talks with Swift and the nine-figure sum being negotiated underscore the ambition and reach of the crypto group’s drive for celebrity partnerships before it fell into bankruptcy last month."
Sam Bankman-Fried, the now disgraced former billionaire founder of FTX, wanted the company to work with Swift desperately, as he is a big fan of her music.
Additionally, according to Financial Times, another executive wanted Swift on board, too:
"Claire Watanabe, a senior executive in FTX’s business development team, was seen by former employees as a driving force behind the pursuit of Swift and was also a fan of her music."
However, not everyone in the company wanted a partnership like that. Swift is arguably the biggest star on the planet, especially after releasing her widely praised 10th studio album, Midnights.
Those detractors believed that a partnership with her would have been too expensive. Ultimately, the back-and-forth kept them from getting a deal and now, the cryptocurrency is disgraced.
However, there was a real chance the potential biggest NFL player in history, Brady, and the potential biggest music star in history could have teamed up.
Is Tom Brady being sued for his role in FTX?
According to Yahoo! Sports, the company is not the only entity being sued. A class-action lawsuit has been filed, naming the quarterback, his ex-wife Gisele Bundchen, Steph Curry and many others.
Despite their role only being as "brand ambassadors", they're still being sued for the currency's epic freefall and collapse.