Cade Cunningham caught in crypto collapse
- Many other star athletes and celebrities also promoted crypto.
Flashback: "For me, it's not just about setting up myself for financial success long-term but also to educate future generations on financial wellness," Cunningham said in a news release announcing the endorsement.
Between the lines: Cunningham's bitcoin bonus was "insignificant" and separate from the overall cash payment he received from BlockFi, a source familiar with the deal told Crain's.
The bottom line: As always, beware of taking financial advice from celebrities.
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