Star Athletes Face Investigations Over FTX Crypto Fraud
Tom Brady and Stephen Curry, who previously endorsed the collapsed crypto company, are among those under investigation.
Following the collapse of the FTX crypto company, Texas state regulators are investigating multiple celebrity endorsers tied to the FTX trading platform, Charles Robinson reports for Yahoo sports. The probe aims to determine whether securities laws were violated by Brady, Curry and others while promoting FTX and cryptocurrency. Often, securities violations concerning endorsers come with significant financial fines rather than criminal convictions involving jail time.