Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim

Taylor Swift, a popular icon and 12-time Grammy Award winner, did motion an statement with bankrupt cryptocurrency speech FTX, caller reports claim. However, FTX executives reportedly convinced erstwhile FTX CEO Sam Bankman-Fried (SBF) to reconsider and wantonness the $100-million woody with Swift.

Taylor Swift Reportedly Signed Agreement With FTX

Taylor Swift, a celebrated singer-songwriter who has won 12 Grammy Awards from 46 nominations, reportedly signed a woody with the now-defunct cryptocurrency speech FTX, contrary to erstwhile reports. The Financial Times reported that the size of the woody was astir $100 million.

Adam Moskowitz, 1 of the attorneys spearheading a $5 cardinal class-action suit against 16 personage endorsers of FTX, disclosed connected the Block’s Scoop podcast successful April that Swift sought ineligible proposal erstwhile approached by erstwhile FTX CEO Sam Bankman-Fried (SBF). According to him, the celebrated vocalist inquired: “Can you guarantee maine that these assets are not unregistered securities?” Moskowitz’s remark led to headlines that Swift subsequently decided to retreat from the deal.

However, the New York Times confirmed Thursday that Moskowitz said helium had nary wrong accusation astir the talks betwixt FTX and Swift. Citing 3 radical with cognition of the deal, the quality outlet elaborate that successful reality, Swift signed a circuit sponsorship statement with FTX aft much than six months of discussions portion turning down immoderate promotion options. In addition, the radical told the work that it was Bankman-Fried who pulled the plug astatine the past minute, leaving Swift’s squad frustrated and disappointed.

CNBC described Thursday, independently citing a idiosyncratic acquainted with the matter:

Swift did yet hold to the woody … The signed statement was sent to FTX laminitis Sam Bankman-Fried’s email inbox, wherever it remained unanswered for a play of a fewer weeks.

The work added that “ultimately, a radical of FTX executives persuaded Bankman-Fried not to travel done with the reported $100 cardinal deal.”

FTX filed for bankruptcy extortion successful November past year. Bankman-Fried is presently facing aggregate fraud and run concern usurpation charges. Three different FTX executives, namely Gary Wang, Caroline Ellison, and Nishad Singh, person pleaded guilty to assorted charges. Meanwhile, the caller FTX absorption is seeking to relaunch the crypto speech internationally.

Who bash you deliberation abandoned the deal, Swift oregon Bankman-Fried? Let america cognize successful the comments conception below.