Tom Brady's fan who idolized QB now suing him over $30K FTX loss - "Why shouldn’t he be held responsible?"
Tom Brady's problems on and off the field this season have captivated audiences.
This includes his struggles with the ball in his hand, which has seen the Tampa Bay Buccaneers drop to a 6-7 record. Off the field, he had the heartbreak of breaking up with his ex-wife Gisele Bundchen.
Now, it seems that he will have another problem to contend with as at least one former fan turned against him in the FTX scandal.
In the miserable year that Tom Brady is having, this is just the latest blow. Florida lawyer Adam Moskowitz is bringing a lawsuit against him and others, saying:
“You have very rich people we all love telling us that they checked this out, and it was okay. Why shouldn’t they be held responsible?”
Tom Brady facing potential class-action lawsuit for his part in promoting FTX
Michael Livieratos is a New England Patriots and Tom Brady fan. He was looking for an investment opportunity and saw the former Patriots quarterback repeatedly inform viewers that FTX was a safe investment opportunity.
Accordingly, he invested $30,000 of his savings in the company which has since defrauded its customers and gone bankrupt. Sam Bankman-Fried is already being sued by the US government for both criminal and civil actions. However, for the customers who lost their money, getting something from it seems impossible given the level of bankruptcy of the company.
Instead, Livieratos is joining in with other plaintiffs through lawyer Moskowitz, alleging that Brady and others misled them. Livieratos certainly believe that the celebrity should be held responsible.
He directed his ire particularly at Brady, saying:
“As a New England Patriots fan my entire life, you can imagine the influence that Tom Brady would have."
He said that he used to have a picture of the quarterback hanging on his wall but he cannot bear to look at it anymore.
The outcome of the case is not certain, however. The plaintiffs would have to prove that not only did the celebrities not know that FTX was about to collapse, but they also knew that their products were deceiving the customer.
The realities and circumstances surrounding the case will be determined by the courts. While the threshold is often high for such proof, there have been previous instances of celebrities settling such lawsuits.
If you use any of the above quotes, please credit The Washington Post and H/T Sportskeeda