Lawyer: Taylor Swift ultimately did not sign a $100 million sponsorship deal with FTX due to concerns over "unregistered securities."

2023-04-19 20:35:49
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ChainCatcher news, famous singer Taylor Swift previously withdrew from a $100 million endorsement deal with FTX. Lawyers suing other celebrities promoting FTX stated that she was the only one who inquired about unregistered securities.

It is reported that a recently filed court motion shows that the celebrities involved in the class action lawsuit related to promoting FTX are requesting the court to dismiss the case. These celebrities include comedian and director Larry David, NFL star Tom Brady, Gisele Bundchen, NBA star Stephen Curry, Udonis Haslem, Trevor Lawrence, Kevin O'Leary, baseball star Shohei Ohtani, David Ortiz, tennis star Naomi Osaka, and the NBA's Golden State Warriors.

ChainCatcher previously reported that according to the Financial Times, FTX had negotiated a $100 million endorsement deal with Taylor Swift's team, and the related negotiations were expected to conclude in the spring of 2023. It was reported that FTX signed with Taylor Swift because SBF was a loyal fan of hers. However, according to a source, "Taylor Swift did not and has not agreed to endorse, and the reports may involve a potential tour sponsorship, and this did not actually happen." (source link)

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