Sure. I don't doubt for a second her intelligence, or even her seeing FTX as a fad or troubled. But the implications of an opaque SEC definition of security and its impact on her personal liability would be a bizarrely specific thing to be looking for.

Again, in pretty much every other celebrity endorsement deal, you are not personally on the hook if it turns out the company screwed up or defrauded people. It's just very unlucky for the defendants that the product turned out to be a security which is has special and arcane rules, instead of just made of asbestos by slave children, I guess.