Miami-Dade County and Miami Heat cut ties with FTX – crypto.news

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Following the announcement that the cryptocurrency exchange, FTX, will declare bankruptcy, Miami-Dade County and the Miami HEAT stated in a recent press release that they would be ending their commercial partnership, with FTX adding to the list of corporations cutting strings with the troubled exchange. The county and NBA franchise announced in a statement that they planned to find a new naming rights partner for the facility. The statement said, in part, “The reports regarding FTX and its affiliates are highly upsetting.” FTX in turmoils Sam Bankman-Fried, the CEO of FTX, resigned after the bitcoin market crashed. The staff can
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Author: NixCoin

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