Taylor swift asked FTX about unregistered securities?! + All the Web3 news you missed this week
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News broke this week that Taylor Swift was offered a $100M sponsorship deal with FTX. Supposedly she asked them “Can you tell me that these are not unregistered securities?” and ultimately declined. Taylor Swift has proven to be a savvy business person and one of few celebrities asking diligence questions - her father is also a well known investment banker. Regardless of the outcome of the pending celebrity FTX lawsuits, I suspect there will be a greater focus on due diligence for these types of endorsement deals.
Taylor swift asked FTX about unregistered securities?! + All the Web3 news you missed this week
Taylor swift asked FTX about unregistered…
Taylor swift asked FTX about unregistered securities?! + All the Web3 news you missed this week
News broke this week that Taylor Swift was offered a $100M sponsorship deal with FTX. Supposedly she asked them “Can you tell me that these are not unregistered securities?” and ultimately declined. Taylor Swift has proven to be a savvy business person and one of few celebrities asking diligence questions - her father is also a well known investment banker. Regardless of the outcome of the pending celebrity FTX lawsuits, I suspect there will be a greater focus on due diligence for these types of endorsement deals.