Taylor Swift's Financial Savviness Shines in FTX Deal Negotiations.

1 min read
Source: KTLA Los Angeles
Taylor Swift's Financial Savviness Shines in FTX Deal Negotiations.
Photo: KTLA Los Angeles
TL;DR Summary

A class-action lawsuit is targeting celebrities, including Shaquille O’Neal and Tom Brady, for allegedly promoting scandal-plagued crypto exchange FTX without first doing their homework. However, Taylor Swift was the exception when it came to due diligence. Swift reportedly asked FTX if they could tell her that their offerings were not unregistered securities. The Securities and Exchange Commission filed a complaint against FTX last year alleging that the company was offering securities without registering them. Swift pulled out of the negotiations and had nothing more to do with the company.

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