Taylor Swift wasn’t the one who backed out of a partnership with cryptocurrency exchange FTX, before the company went bankrupt, despite claims to the contrary.
In December, reports emerged that the “Anti-Hero” singer, 33, was the reason the deal fell through after six months of negotiations. The deal reportedly would have been valued at around $100 million.
Earlier this year, Adam Moskowitz — the class-action lawyer who alleged in a lawsuit that FTX promoters such as Tom Brady and Shaquille O’Neal were among those who misled investors — publicly praised Swift for being “the one person” to do her due diligence. He claimed she asked FTX to provide evidence that their business was legitimate, and the partnership fell through after that.