(CNBC) Earlier this year, as the crypto meltdown was draining the industry of liquidity, FTX executives were begging company founder Sam Bankman-Fried to preserve cash and stop spending hundreds of millions of dollars on celebrity endorsements. Three people close to FTX and Bankman-Fried told CNBC that the former CEO lobbied aggressively for a partnership with 11-time Grammy Award winner Taylor Swift
Sam Bankman-Fried lobbied for Taylor Swift deal as FTX bled cash and execs urged restraint
This entry was posted in Syndicated. Bookmark the permalink.
