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Taylor Swift avoided $100m FTX debacle by asking one simple question

When the now-bankrupt crypto exchange FTX approached her about a $100m sponsorship deal in 2021, the pop star asked them, “Can you tell me that these are not unregistered securities?,” according to the lawyer leading a class action lawsuit against FTX promoters. That attorney, Adam Moskowitz, said in an interview that Swift was the only celebrity to question the exchange. 

Swift’s potential partnership with FTX may have included NFT tickets and would have been one of the crypto exchange’s biggest deals, although anonymous FTX employees told the Financial Times last year, “No one really liked the deal. It was too expensive from the beginning.”

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crypto, ftx