FTX, Crypto Collapse Costs Taylor Swift a Huge Payday

When cryptocurrency exchange FTX raised $400 million from investors such as Softbank, Temasek, Tiger Global, and others in January, its net worth took off.

The funding lifted its value to $32 billion. 

By November, it was bankrupt.

While FTX pumped up its reputation with big-name investors, it was also allying itself with high-profile celebrities, including NFL great Tom Brady, supermodel Gisele Bündchen, NBA superstars Stephen Curry and Shaquille O’Neal, tennis player Naomi Osaka, and Hollywood’s Larry David. 

Source: https://www.thestreet.com/investing/cryptocurrency/taylor-swift-nearly-got-caught-up-in-ftx-crypto-drama?puc=yahoo&cm_ven=YAHOO&yptr=yahoo