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Swift's One Question Saves the Day: Unraveling a $100 Billion Crypto Quagmire

By WOM

April 19, 2023

SUMMARY

  • Celebs caught in FTX lawsuit while Taylor Swift's inquisitiveness saves her from the fallout
  • FTX had planned to offer Swift a staggering $100 billion for a partnership
  • South Florida attorney Adam Moskowitz sheds light on the situation in a recent podcast episode

When Taylor Swift hit the brakes on her FTX deal, she wasn't just playing it cool – she was dodging a major catastrophe. Some of the hottest celebs on the scene, like NBA superstar Stephen Curry, NFL legend Tom Brady, and top-model Gisele Bündchen, found themselves in hot water after they failed to ask the same question as Swift: "Are these unregistered securities?"

The curious Ms. Swift managed to evade a massive class action lawsuit that came crashing down on FTX and its celeb brand ambassadors last November. South Florida attorney Adam Moskowitz spilled the tea on The Block's The Scoop podcast, revealing how Taylor's sharp instincts saved her from a sticky situation.

Now, imagine this: FTX was ready to drop a whopping $100 billion to secure a partnership with our favorite pop icon. But Taylor played it smart and turned down even smaller-scale collaborations, like an NFT ticketing deal for her Eras Tour. According to an insider cited by Rolling Stone, Swift simply refused to endorse the crypto exchange.

In a world where crypto is as confusing as it is enticing, it's no wonder Moskowitz finds the whole situation baffling. He's going after the big fish in this legal battle, but one thing's for sure: Taylor Swift's inquisitive nature kept her out of the frying pan.

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