Cut endorsement in FTX

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Aug 6th, 2022
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How to cut endorsement in FTX

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Taylor Swift dodged the FTX Bullet by asking this one simple question back in the spring of 2022 former CEO and forever froster Sam bankman freed approached Swift with a 100 million dollar sponsorship deal but Swift the daughter of an investment banker asked if she would be dealing with unregistered Securities because under State Securities laws if you promote an unregistered security for financial benefit you are liable so the deal fell through which was great for Swift because FTX would go on to implode mere months later

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Tom Brady and Gisele Bndchens deep ties to FTX FTX also struck formal endorsement deals with celebrities including Larry David, Brady and Bndchen. SBF and Bndchen spoke about charity at the Bahamas conference, and the supermodel posed with him for an FTX ad campaign that ran in Vogue and GQ.
Heres a look at some of the famous faces who lost big in the FTX crypto collapse. Tom Brady. Tom Brady is the most famous face to promote and invest in FTX and he also may have suffered the greatest individual loss. Gisele Bndchen. Kevin OLeary. Robert Kraft. Robert Belfer. Anthony Scaramucci. Stephen Curry. Naomi Osaka.
Larry David: Mr. David, donning historical garb, promoted FTX last year in a Super Bowl ad that has aged awkwardly. Matt Damon: The actor shilled for Crypto.com in a Museum of Bravery. Reese Witherspoon: She tweeted Crypto is here to stay in December 2021.
Nearly all of FTXs former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchanges collapse if not more.
Why Celebrities Are Facing FTX-Related Lawsuits Travis Scott and McDonalds. Ryan Reynolds and Mint Mobile. Shaquille ONeal and Papa Johns. Chrissy Teigen and Blue Apron. Eva Longoria and LOreal.
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back and more, ing to a court filing. FTX estimates that it owes creditors around $11.2 billion. FTX said that it has between $14.5 billion and $16.3 billion to distribute to creditors.
By contrast, celebrities such as Larry David, Tom Brady, Gisele Bndchen, and Naomi Osaka featured in ads endorsing the exchange without making explicit claims.

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