TaylorSwift turned down a $100 million sponsorship offer from cryptocurrency exchange FTX due to concerns about unregistered securities. SBF crypto
Taylor Swift Rejected Crypto Exchange FTX's Sponsorship Offer Over Unregistered Securities Concerns
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit, including Shaquille O’Neal , Tom Brady, and Larry David.
Describing FTX as a “pyramid scheme,” Moskowitz, along with former Weinstein lawyer David Boies, filed a class-action lawsuit in Florida alleging that the crypto exchange’s celebrity endorsers promoted a “Ponzi scheme,” which impacted “thousands, if not millions, of consumers nationwide.” , Tom Brady, and Larry David are among the FTX celebrity promoters who are facing a class-action lawsuit filed by Moskowitz for endorsing sales of unregistered securities.an offer from Bankman-Fried when the former FTX executive wanted to invest in Twitter, tweeted Wednesday:Scott Kingsley Swift, Taylor’s father, founded the Swift Group, a wealth management and financial advisory group that is part of Merrill Lynch, a Bank of America company.
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