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FTX themselves cancelled $100 million contract with Taylor Swift: details of a high-profile story

  • At an earlier time, the celebrity claimed that she was the one who turned down the contract
  • But an article has appeared to refute the singer

The Times Magazine has reported the details of Taylor Swift’s failed deal with the cryptocurrency exchange FTX.. He sheds light on the details of the scandalous story. And it also calls into question the pop diva’s reputation.

Remind that last year, representatives of Swift and FTX negotiated a sponsorship deal and even signed a tentative contract for $100 million.. But at the last moment he snapped.. At the same time, Taylor Swift assured that it was she who made the decision to stop cooperating.. The reason for this was a disappointing audit of FTX (this was before the bankruptcy).

Anonymous sources told The Times that the parties argued over some details. Taylor Swift was agreed to a sponsored tour. It involved only the use of the FTX logo and limited advertising. The cryptocurrency exchange, in turn, wanted the celebrity to promote the company’s products and the brand itself, as well as participate in promotions, interviews, etc.

In the end, according to media reports, it was Sam Bankman-Fried who turned down the deal at the last moment.. That decision allegedly disappointed the singer’s representatives.

Taylor Swift and Bankman-Fried declined to comment on The Times story.</nbsp;

In the meantime, the author of “The Big Short” has nearly finished a book about the former FTX head. It promises to be a bestseller, and Apple will make a movie adaptation of the book.