Reports said that most of those who bought the so-called breakup insurance were female fans of Hiddleston, who has a huge following in China. (Photo : YouTube/Nicki Swift)
The so-called "breakup insurance" for the rumored relationship between Taylor Swift and Tom Hiddleston, aptly tagged "HiddleSwift," has been removed from Taobao, weeks after it made rounds online.
According to China Radio International, the said insurance has been put down on "suspicion of illegal fund collection."
Online sellers had promised to interested buyers that they would get twice the amount of their insurance money if the rumored couple were to break up within one year. Bets started from 1 yuan or about $0.15.
Citing reports from state-owned news agency Xinhua, Mashable said this was not the first time that a breakup insurance had been set up for a celebrity couple.
"Insurance packages for celeb couples such as Katy Perry and Orlando Bloom are also available for sale on the site," Mashable wrote.
Bets are also not limited to celebrities' love lives. In some cases, popular events such as whether or not Katy Perry will clinch the 2017 Grammy are also at stake, Xinhua said.
A buyer had reportedly invested as much as 300 yuan or $45 in the "HiddleSwift" team.
Some bets also go bizarre, gambling on the user's own love life.
"There is even a policy for single people where if they meet a partner within a month of placing their bet then they will be given 13.14 yuan, which symbolizes lifetime in Chinese," Xinhua wrote.
Some reports said that most of those who bought the insurance were female fans of Hiddleston, who has a huge following in China.
According to The Telegraph, the removal of the breakup insurance could have been due to infringement issues.
"It may also have infringed betting laws, as gambling is prohibited in China unless it is organized by state welfare or the official Sports Lottery. It is unclear if anyone had received 'payouts,'" The Telegraph wrote.
