Explore

Stocks

Mutual Funds

News

Home / Markets / Cryptocurrency / Celebrities who endorsed crypto, NFTs land in legal crosshairs after investor losses

Back

Celebrities who endorsed crypto, NFTs land in legal crosshairs after investor losses

wsj

5 min read . Updated: 31 Jan 2023, 07:46 PM IST Corinne Ramey, The Wall Street Journal

FILE PHOTO: Singer Madonna attends the 30th annual GLAAD awards ceremony in New York City, New York, U.S., May 4, 2019. REUTERS/Eduardo Munoz/File Photo (REUTERS) — FILE PHOTO: Singer Madonna attends the 30th annual GLAAD awards ceremony in New York City, New York, U.S., May 4, 2019. REUTERS/Eduardo Munoz/File Photo (REUTERS)

Prominent endorsers named as defendants in class-action lawsuits, while agents warn clients away from future deal

Madonna sang the praises of nonfungible tokens, or NFTs, depicting cartoon portraits of bored apes. Tampa Bay Buccaneers quarterback Tom Brady appeared in commercials endorsing crypto exchange FTX, which collapsed suddenly in November. And Kim Kardashian gushed about EMAX tokens on Instagram.

×

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout