Which celebs have been affected by the NFT slump?

Which celebs have been affected by the NFT slump?

The FTX collapse has actually sent out shockwaves to the non-fungible symbols (NFTs) globe.

Celeb capitalists like Justin Bieber have sustained significant losses in the worth of their signature digital collectibles and holdings.

This comes amid the marketplace depression induced by the collapse of the FTX cryptocurrency exchange.

Celebrity NFT investors include professional athletes, performers and also cover girls such as Michael Jordan (Over 90%) and Tom Brady.

Bieber's $1.3 million NFT total assets has been reduced to $69,000.

The collapse of the FTX crypto exchange struck NFL star Tom Brady, that lost big after taking an equity risk in the exchange.

Brady is among celebrities that are encountering a class-action claim just recently filed versus the FTX founder.

Coachella NFTs sold for $1.5 million, yet they are now "disabled" on FTX in the middle of the exchange's personal bankruptcy declaring.