Lawsuit Update: Tom Brady, Stephen Curry, and FTX Endorsements
The legal saga surrounding celebrity endorsements of the now-bankrupt cryptocurrency exchange FTX continues to unfold. A lawsuit emerged against Tom Brady, Stephen Curry, and other high-profile figures, alleging they misled investors through their promotion of the platform. Multiple rulings have shaped the trajectory of this complex case. Several news reports from 8 de may. de 2025 detail key developments.
Initially, investors sought to hold celebrities like Tom Brady, Stephen Curry, and Shohei Ohtani liable for losses incurred following FTX's collapse. However, a federal judge has since narrowed the scope of the lawsuit.
8 de may. de 2025 reports indicate a federal judge cleared Tom Brady, Gisele Bündchen, Kevin O'Leary, and Stephen Curry of liability in certain claims related to the FTX cryptocurrency exchange collapse lawsuit. This represents a significant win for the celebrities involved.
Conversely, other reports from 8 de may. de 2025 state that a federal judge partially upheld the lawsuit, implicating sports stars Tom Brady, Stephen Curry, and others in promoting the defunct cryptocurrency exchange FTX. While most claims were dismissed, the ruling allows some aspects of the case to proceed.
Further complicating the matter, an 8 de may. de 2025 report reveals a Florida judge dismissed most claims against athletes, actors, YouTubers, and other celebrities who endorsed Sam Bankman-Fried’s crypto exchange, ruling on the matter. The reasoning behind this dismissal centers on the lack of evidence suggesting the celebrities knowingly participated in fraudulent activities.
The original lawsuit, filed after FTX declared bankruptcy in November 2025, alleged that public figures such as Tom Brady, Gisele Bündchen, Stephen Curry, and Kevin O’Leary misled investors. 8 de may. de 2025 coverage emphasizes this point.
A key argument in the defense of the celebrities is highlighted in 8 de may. de 2025 reports: a Florida judge dismissed most claims against celebrities who promoted FTX, including Tom Brady and Stephen Curry, stating that there’s no proof the stars knew about any wrongdoing. The court emphasized the absence of evidence demonstrating the stars’ awareness of the underlying issues within FTX.
This ongoing legal battle demonstrates the complex relationship between celebrity endorsements, investment risk, and potential liability. Stay tuned for further updates as the case progresses.