Taylor Swift might not have shaken off deal with FTX
Quick Take
- CNBC reported Thursday that Taylor Swift had agreed to a partnership with the now defunct FTX crypto exchange, despite contrary public claims.
Taylor Swift may have actually had a partnership deal with the now defunct FTX crypto exchange, despite public messaging to the contrary.
The popstar had agreed to a partnership with the company, but disgraced former CEO Sam Bankman-Fried was counseled out of proceeding, CNBC reported on Thursday, citing a source familiar.
Adam Moskowitz, the lawyer handling a class action lawsuit against FTX promoters like Shaquille O’Neal and Tom Brady, told The Block earlier this year that Swift was one of the only celebrities to check if the exchange was selling unregistered securities.
FTX filed for bankruptcy in November, and Bankman-Fried is now facing criminal charges over alleged fraud and money laundering.
Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried.
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