Crypto – FTX – Sam Bankman-Fried Wanted to Pay Taylor Swift $100 Million in Insane Sponsorship Deal

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During his time as CEO of FTX Sam Bankman-Fried pay a variety of Celebrities to Endorse the brand inluding Tom Brady, Gisele Bundchen, Stephen Curry & Larry David. However it has now been revealed that SBF proposed a $100 Million deal to Sponsor Taylor Swift’s next tour. FTX was the second largest CRYPTO Currency Exchange and is now in Chapter 11 BANKRUPTCY with over 1 Million Creditors. John Ray, the Bankruptcy practitioner for Enron, has been appointed as CEO and his initial findings are that this is WORSE than Enron which was the biggest accounting fraud in USA history. In this video I analyze the concept of Celebrity Endorsements, looks at why businesses are attracted to celebrities, discuss why SBF was attracted to the Taylor Swift deal as well as sharing some of the FTX Adverts that the Celebrities appeared in.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:19 CELEBRITY ENDORSEMENT
4:10 WHY
6:11 RISKS
9:06 FTX ENDORSEMENTS
11:50 TAYLOR SWIFT
14:11 FTX CELEBRITY ENDORSEMENTS
15:45 LARRY DAVID
19:36 TOM BRADY & GISELE
22:38 SUMMARY & CONCLUSION

#ftx
#crypto
#fraud
#sbf
#china
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Zhenro
#Bonds