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Amid Cryptocurrency Troubles, Shohei Ohtani Drops a Bombshell on His Participation in the World Baseball Championship 2022

Published 11/17/2022, 1:21 PM EST

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The Los Angeles Angels two-way phenom Shohei Ohtani has had a tremendous year this MLB season. With this, he became one of the top contenders to win the 2022 AL MVP. Although the Angels did not make it to the playoffs this year, Ohtani has many things going on to keep him occupied in the off-season. 

Last year, the Angels’ phenom became the brand ambassador of cryptocurrency company FTX. The company recently faced a severe liquidity crisis. Now, it has filed for bankruptcy this month, and investors thus lost out on huge amounts. However, what has kept Ohtani occupied this off-season is his chance of playing baseball for Team Japan.

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Despite everything else going on, Shohei Ohtani is excited about the upcoming WBC

Notably, World Baseball Classic is an International baseball tournament that features professional baseball players from around the world. And unlike MLB, where several franchises clash for the World Series, in the WBC, various countries participate. This year, the potential MVP, Shohei Ohtani will be playing in the much-talked-about competition.

He posted a picture of him on Instagram thanking his fans for an amazing season, and let his fans know about his participation in the WBC. He wrote“Thank you to all the fans that supported me this year. I appreciate it and am excited for what’s to come next.”

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Furthermore, he added, “Looking forward for the opportunity to face the best players around the world and to be able to play in front of the Japanese fans for the first time in over 5 years!!”

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What is happening with FTX?

Last year, along with Ohtani, 4-time Grand Slam winner Naomi Osaka became the brand ambassador of the crypto brand. And now, since the company has filed for bankruptcy this month, investors lost a huge amount of money. 

Watch this story: Japanese two-way baseball star Shohei Ohtani hits 100th Major League homer

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A lawsuit is filed against Ohtani and others. It is for promoting the brand to allure investors to put their money into their brand. The case, filed in a federal district court in Florida, claims that FTX’s former CEO Sam Bankman-Fried and the celebrities, who also have NFL quarterback Tom Brady and NBA player Stephen Curry, are responsible for advertising the exchange and causing investors to suffer losses.

Do you think that this whole FTX saga will affect Ohtani’s performance in the upcoming WBC?

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Written by:

Rakshita Madan

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Rakshita Madan is an MLB author at EssentiallySports. She is an engineering graduate and is currently pursuing her MBA from NMIMS, Mumbai. Rakshita has experience in writing for more than four years now, with one of her writings even getting published in an anthology.
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Edited by:

Abhishek Kumar