After the Miami Heat decided to cut ties with FTX, the crypto company is still somehow hampering the team. The latest news update revealed that the now-bankrupt company managed to cause the Heat legend, Udonis Haslem, to lose out on a ton of money. And even though it wasn’t as much of a loss that Tom Brady sustained, the amount is still big for the aging great. 

FTX was the second-largest cryptocurrency exchange and crypto fund company. But recently, the company filed for bankruptcy, losing about $152 billion overall. NFL legend Tom Brady too had a 0.14% share in the company.

Sporting icons lose out due to FTX

Tom Brady’s reported total loss came up to a staggering $45 million in damages. And even if that may be just a blip in his net worth, the same cannot be said for Udonis Haslem. According to reports, Haslem lost about $15 million through an equity share in the company. 

Haslem said, “I got gypped out of $15 million. That’s what my equity had grown to. He didn’t dupe me. I signed a contract with a company and that’s part of it. A lot of people got hurt, and that’s where I feel sad.”

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Fans on the other hand could not believe that Haslem, the oldest active player in the league right now, managed to lose so much money. One fan tweeted, “Bro lost 10 years of his salary.”

Another fan commented, “How he this old getting scammed by crypto.”

Here are some more reactions from NBA Twitter:

Fans seemed confused to see Haslem getting involved with cryptocurrency, while some mocked him over it.

Other NBA stars caught in the FTX scandal

Recently, a lawsuit against FTX named some big-name NBA stars in it. Names like Shaquille O’Neal and Stephen Curry were brought up in the lawsuit against the company, with the claim being that they had a part in the entire scheme due to their appearance in advertisements promoting the company.

After this news broke out, Shaq gave a statement saying, “A lot of people think I’m involved, but I was just a paid spokesperson for a commercial.”

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What are your thoughts on the controversy surrounding FTX and several NBA stars? Let us know in the comments below.