Tom Brady, Bob Kraft Are Among FTX Shareholders Set for Wipeout

Tom Brady, Bob Kraft Are Among FTX Shareholders Set for Wipeout

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Business

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The transcript discusses Tom Brady and other notable figures as creditors in the bankrupt FTX case, highlighting their unlikely recovery of investments. It covers the legal troubles of former FTX CEO Sam Bankman-Fried, who faces trial with cooperating witnesses. The video also addresses the ongoing 'crypto winter,' marked by significant layoffs at Coinbase and a broader economic downturn affecting digital currencies like Bitcoin.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which famous football player is mentioned as an FTX creditor?

Aaron Rodgers

Drew Brees

Tom Brady

Peyton Manning

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the status of the shares held by Tom Brady and other investors in FTX?

Highly valuable

Moderately valuable

Increasing in value

Assumed to be worthless

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What legal action has been taken against Sam Bankman-Fried?

He has been arrested

He has been acquitted

He has been promoted

He has been fined

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of its workforce did Coinbase lay off recently?

15%

20%

10%

25%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Bitcoin perform in the previous year according to the transcript?

It rose by 64%

It fell by 64%

It doubled in value

It remained stable