The Disastrous Record of Celebrity Crypto Endorsements

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The Disastrous Record of Celebrity Crypto Endorsements
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Tom Brady is in the news today -- for non-crypto reasons. Here's how he (and several other celebrities) worked their way into crypto endorsements ⬇️

The former “Bachelor” star teamed up with the exchange BlockFi on May 18, 2021. “With crypto, we have the chance to truly redefine the core ideas of money, wealth and who has it,” he said in an ad.following the reality star’s tout.BlockFi was caught up in the turmoil that swept the crypto world over the past few months, but got an expanded credit line from FTX that has helped it to maintain operations.

The boxer created his own NFT collection in August 2021, including one that depicts the infamous incident in which he bit Evander Holyfield’s ear, and another in which he’s kissing one of his beloved racing pigeons.Since their debut until the most recent sale on July 21, the average price of Tyson’s NFTs hasTyson’s NFTs haven’t traded much since September 2021, though he’s touted digital assets from others as recently as April.

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