Taylor Swift's Legal Inquiry Saved Her from $100 Million FTX Deal.

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Source: Forbes
Taylor Swift's Legal Inquiry Saved Her from $100 Million FTX Deal.
Photo: Forbes
TL;DR Summary

Taylor Swift was the only celebrity endorser of cryptocurrency exchange FTX to vet the service on its compliance with federal financial regulations, according to the lawyer representing investors in a high-profile civil lawsuit against celebrities who backed FTX. Swift asked FTX about its legality before negotiations broke down on a $100 million sponsorship deal for her ongoing tour. Moskowitz’s clients are seeking $5 billion in damages from FTX celebrity endorsers including NFL star Tom Brady and his ex-wife and supermodel Gisele Bundchen, actor Larry David, Shark Tank star Kevin O’Leary and NBA legend Shaquille O’Neal.

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