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<ul><li>The abrupt failure of the cryptocurrency exchange FTX is likely to have an effect on a number of famous athletes and celebrities.</li><li>The fall of FTX could affect many celebrities and athletes. Anthony Scaramucci and Mike Novogratz are affected by the FTX problem.</li></ul><h2 id="header-0">Numerous celebrities and well-known athletes are likely to be impacted by the abrupt collapse of the cryptocurrency exchange FTX.</h2>Numerous celebrities and well-known athletes are likely to be impacted by the abrupt collapse of the cryptocurrency exchange <a href="https://www.coingabbar.com/en/crypto-currency/ftx-token-ftt-prices-usd" rel="noopener noreferrer nofollow">FTX</a>. Anthony Scaramucci and Mike Novogratz are just a couple of the prominent financial figures that will be affected by the FTX crisis. The SkyBridge creator claimed that the worst week in cryptocurrency history was caused by the market chaos brought on by the FTX collapse. While Mike Novogratz&#39;s company, Galaxy Digital, disclosed that it has exposure to FTX.A List Of Famous People With Links To FTXCelebrities like American athlete Tom Brady are among those connected to Sam Bankman-business. Fried&#39;s After FTX announced bankruptcy proceedings, it is unknown how the celebrity collaborations would proceed. The business stated in the bankruptcy announcement that it would need time to evaluate its condition. As the liquidity situation deepened, the company fell from a $32 billion valuation to bankruptcy quickly. Locking of FTX&#39;s user funds has attracted regulatory attention to the situation and the sector.Along with Tom Brady, FTX is affiliated with the American basketball player Steph Curry and the Japanese tennis player Naomi Osaka. Teams like the Formula 1 and Major League Baseball have also worked with the cryptocurrency exchange. Additionally, the Miami Heat basketball team gave the cryptocurrency corporation FTX Facility as the name of its multipurpose arena. As an FTX brand ambassador, Japanese professional baseball player Shohei Ohtani is also connected to the business.The White House additionally stated in a statement that it was closely monitoring the situation with the assistance of the necessary regulatory bodies. According to a spokesman, Americans&#39; everyday lives are at risk since cryptocurrencies are not properly regulated. The U.S. Securities and Exchange Commission is looking into FTX US&#39;s operations in addition to the White House&#39;s investigation. The likelihood of FTX exploiting consumer funds is being investigated by the regulators.

Celebrities Who Were Affected by the FTX Bankruptcy

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