Crypto-currency markets have been highly unpredictable and volatile. While it is a part of their greater allure, some have found huge profits from their endeavors in the crypto world. On the other hand, there have also been stories of people not returning home happy. Even Tom Brady recently got stung by an unexpected development with his investments in this field. Whereas one of his old colleagues, Will McDonough, has seen his fortunes go the other way with his smart maneuvers.

McDonough is a great entrepreneurial spirit. Starting out by working with the New England Patriots working in their marketing group, he moved on from there by opening his own management company, MMG. Where he worked with big names like Brady, and Gisele Bündchen, and even managed Nelson Mandela’s estates.

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However, this never stopped him from pursuing further opportunities. After venturing into the financial industry with Goldman Sachs, he dived deeper and deeper into the market and finally arrived at Diginex Americas. He said his sole purpose was, “creating a regulation focused, compliant digital asset and blockchain company built on the rigors of the professional financial services world I come from… To deliver institutional grade offerings in this new world of business and finance.”

Tom Brady on the flip side

While McDonough has been participating in a moderate and safety-first approach in the market. The 45-year-old quarterback embraced crypto all too early and eagerly. The NFL superstar and his ex-wife, Gisele Bündchen, both entered a partnership with FTX, a crypto exchange firm, committing millions in investments over an undisclosed amount of stake and crypto tokens.

However, recently the firm was subject to a ‘collapse and buyout‘ by another firm Binance. Following a huge liquidity crunch in the company, it needed to save from plunging rates for its own FTT. The token lost around 80% of its value due to this problem. It saw the company lose so much of its value, that it sent the market a shock. Even putting the Super Bowl champion at risk of losing a huge chunk of his investment.

In contrast to the recent misfortune of Brady, McDonough has had smooth sailing with his business activities. He focused more on providing financial services and inculcating blockchain technology to help provide advanced solutions.

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