‘Our due diligence queen’: Fans Applaud Taylor Swift for Rejecting $100M FTX Deal as She Knew They Were Selling “Unregistered Securities”

Swifties are happy Taylor Swift was the only one that did her due diligence and questioned the new hot thing in the market, FTX, which later turned out to be a fraud.

Sam Bankman-Fried, a 31-year-old prodigy, thought he could fool the rich people, but turns out Taylor Swift isn’t like the rest. The world-renowned singer is now getting praised for declining a $100 million deal when the company was at its peak before crashing down to the ground.

The fans of the talented singer started rejoicing as soon as the news got out, showering Swift with praises. Reportedly the singer, songwriter, and multiple Grammy winner, dodged a bullet by asking a simple question, which many failed to pose.
Taylor SwiftTaylor Swift

The million-dollar question that saved Taylor Swift from falling into a trap
The attorney Adam Moskowitz, who is leading a class-action lawsuit against FTX and its celebrity faces recently spoke to The Scoop, providing all the insider scoop to the story. That is exactly where he praised the 33-year-old singer Taylor Swift for literally doing the bare minimum. Big names who failed to consider that fact and got lured into the Ponzi scheme, are now reprimanding the company as well as the CEO, Sam Bankman-Fried.


FTX gained great popularity initially when it was founded in 2019 in the world of crypto trading. But it quickly came down crashing after it was discovered to be a fraud from day one, people were so mesmerized by the illusion of it all that they failed to confirm some basic information before plunging in neck deep.
Sam Bankman-FriedSam Bankman-Fried, CEO of FTX
Adam Moskowitz said on The Scoop,
 “The one person I found that did that was Taylor Swift,”
Swift was reportedly considering a 100 million-tour sponsorship with FTX in the fall of 2021 but quickly pulled out of it when she smelled something fishy. The attorney then further revealed,

“In our discovery, Taylor Swift actually asked them: ‘Can you tell me that these are not unregistered securities?’”
Taylor SwiftTaylor Swift


This question put the authority in an awkward position and further at a loss for words since it was indeed not properly registered. This simple question saved her millions as Adam Moskowitz is also after Larry David, Gisele Bundchen, Tom Brady, Steph Curry, and many more for acting irresponsibly.

Fans are praising Taylor Swift for not getting lured into the FTX scam

Fans continue to sing songs of praise for Taylor Swift as dodged a huge bullet just by doing a bit of homework. The singer thus yet again proved her wits and inspired million that follow her.  The people on the internet are applauding her integrity and her commitment to making smart business decisions. One fan on Twitter said,
“Taylor Swift is the only celebrity I’ve seen who didn’t fall for FTX’s marketing scheme. It just goes to show how smart and strategic she is.”
Taylor SwiftTaylor Swift
While another wrote,
“I have so much respect for Taylor Swift for not giving in to FTX’s pressure. She knows what’s best for her brand and her fans, and she’s not willing to compromise that for a quick payday.”
Here are some of the Tweets showcasing the fan’s reactions,

 

 

 

 

 

 

These fans aren’t alone in their admiration for Taylor Swift’s decision. Many in the business world have also taken notice and praised her for it. People see it as a smart move that will pay off in the long run. In an industry where it’s all too easy to fall for flashy marketing schemes and get-rich-quick schemes, Taylor Swift’s decision to stay true to herself and her brand is refreshing.

Source: Twitter

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