Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report

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Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
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Swifties may not find a recent report on an FTX sponsorship deal to their liking

The sponsorship deal between defunct cryptocurrency exchange FTX and Taylor Swift was reportedly called off at the request of former CEOAccording to a July 6 report from The New York Times citing three individuals with knowledge of the sponsorship deal, Bankman-Fried was the one responsible fora roughly $100 million agreement with Swift prior to FTX filing for bankruptcy.

The report contradicts the narrative from many media outlets that Swift’s team had done its due diligence in considering the FTX deal before pulling out.

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