Taylor Swift's $100 Million FTX Deal Controversy Explained.

Taylor Swift avoided promoting FTX, a cryptocurrency exchange, after asking about unregistered securities, according to a lawyer involved in a class action lawsuit against FTX celebrity spokespeople. FTX had offered Swift $100 million over three years to sponsor the exchange. The lawyer called FTX a "pyramid scheme" and alleged that most celebrities and influencers that partnered with FTX were motivated by greed. FTX collapsed in November after it could not meet the withdrawal demand of its users.