Taylor Swift escapes scam by turning down $100 million for FTX contract

by April 21, 2023

written by April 21, 2023 0 comments

Taylor Swift escapes scam by turning down million for

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Taylor Swift escapes scam by turning down $100 million for FTX contract

Cryptocurrency broker FTX approached pop singer Taylor Swift (33) for an offer of U$$ 100 million for Exchange, the singer decided to find out the true intention of the company and refused the agreement because she suspected that FTX sold “Unregistered securities”.

“Can you assure me that you are not selling unregistered securities?” questioned Taylor Swift when suspecting the proposal with FTX.

_{Singer and Songwriter Taylor Swift Photo: (Reproduction/metropoles)}

The singer’s father, Scott Swift, is related to the Merrill Lynch bank, so Taylor has some knowledge which made her assume that there was something wrong with the FTX offer. Adam Moskowitz is the lawyer in charge of the case and revealed that Taylor Swift was the only celebrity who checked the company that could evade the Act, Moskowitz is seeking $ 5 million in the lawsuit by the celebrities who promoted the unregistered assets.

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In November 2022, FTX filed for bankruptcy due to solvency issues and fraud investigations, former CEO Sam Backman-Fried would have deceived investors by raising BRL 1.8 billion without disclosing the company’s clients’ fund that would be diverting to his crypto hedge fund, Alameda Research LLC.

In a publication on Twitter in a publication made by Trung Phan exposing the news that Taylor would have suspected the company and denied the proposal by FTX did not surprise a great industry tycoon Elon Musk CEO of multimillion companies, Tesla, SpaceX and the social network he bought last year Twitter.

I’m not surprised. Taylor is smart and her father is a well-regarded investment banker.
— Elon Musk (@elonmusk) April 19, 2023

Elon Musk praised the singer for her intelligence and Taylor’s father for being a great investment banker, “I’m not surprised. “Taylor is smart and her father is a well-regarded investment banker.” He said the millionaire about the singer’s correct action when he noticed something suspicious.

Featured photo: Taylor Swift. Reproduction/cultural access.