The billionaire lost tens of millions of dollars by trusting the 'psychic.'
Taylor Thomson – the only daughter of the 10th richest family in the world – has just become the center of attention after losing over $80 million in cryptocurrency.
The turning point began when she befriended Ashley Richardson, a well-known media expert.
Richardson frequently shared with her friends the 'prophecies' from psychic Michelle Whitedove, including the cryptocurrency project Persistence (XPRT).
Convinced, Taylor poured hundreds of millions of dollars into the market, with all transactions managed by Richardson.
The market collapsed and the relationship fractured.
In 2021, the price of XPRT skyrocketed to $16.59, but then plummeted down to just $0.037.
When the cryptocurrency market crashed in 2022, Taylor suffered heavy losses and accused Richardson of executing over 450,000 unauthorized transactions, which exacerbated the damage.
Richardson rebutted, asserting: 'Everything I did was based on her guidance, as part of an effort to minimize losses.'
However, she could not provide any official authorization documents apart from the verbal agreement.
Overlapping lawsuits and an unresolved ending.
In 2023, Taylor sued Richardson and Persistence, accusing them of colluding to profit from the investment, with the reward tokens for Richardson amounting to $783,702. She demanded $25 million in compensation.
For her part, Richardson denied any wrongdoing, even counter-suing Taylor for defamation and demanding $10 million.
To date, Taylor has reached a secret agreement with Persistence, but the legal dispute with her former close friend remains unresolved.
