Taylor Swift's Simple Question Saved Her from FTX Lawsuit
TL;DR
Taylor Swift avoided being named in a $5 billion lawsuit against FTX and its celebrity ambassadors by asking whether the securities she would be promoting are unregistered. Swift was reportedly in talks with FTX for a $100 million sponsorship deal in 2022, which she ultimately did not pursue. The lawsuit alleges that 11 celebrities, including Tom Brady, Larry David, and Shaquille O’Neill, promoted the sale of unregistered securities. Swift's due diligence saved her from a costly mistake, and her financial acumen might have something to do with her family background in wealth management.
- Taylor Swift Avoided FTX Lawsuit by Asking One Simple Question Investopedia
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- Taylor Swift Absolutely Slayed in $100 Million FTX Deal Gizmodo
- Taylor Swift avoided $100 million FTX debacle by questioning whether the exchange was selling unregistered securities Fortune
- Taylor Swift Asked FTX About Its Legality Before Balking On $100 Million Sponsorship Deal, Lawyer Claims Forbes
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