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foreign tyx lawsuits see crypto firms influencers dial back endorsement deals some crypto influencers have been giving lucrative endorsement offers a hard pass after seeing what could happen if things end badly for the firm interview join us on social networks crypto influencers are taking an extra cautious approach to endorsement deals since the collapse of crypto exchange FTX last year which has seen several celebrities hit with a lawsuit for their alleged role in its promotion in March a 1 billion class action lawsuit was filed alleging that eight influencers promoted FTX crypto fraud without disclosing compensation influencers told coin Telegraph that it has served as a wake-up call those that endorse crypto firms need to understand their followers can take legal action against them in the future should that company turn unfavorable.for crypto vlogger Tiffany Fong who gained Fame by interviewing former FTX CEO Sam bankman fried after the collapse endorsing crypto firms on her socia