Golden State Warriors and Miami Heat Axe FTX Deals
Sponsored
Sponsored
The Golden State Warriors, the San Francisco-based NBA team, is pausing all FTX-related promotional deals, ESPN reported. All in-arena promotions and advertisements for the brand have been removed from the Chase Center following FTX’s bankruptcy filings on Friday, the sports network said. Stephen Curry, a three-time NBA champion and Warriors point guard, became a global ambassador for FTX in September 2021. He also received an equity stake in FTX Trading Limited as part of the agreement. Then, FTX US and its NFT marketplace became the Warriors’ official cryptocurrency platform. In April 2022, the team dropped its second NFT collection —
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…
The FTX collapse has been all everyone’s talked about over the last month or so, and it appears that many people and businesses that were once tied to the now failed exchange are looking to distance themselves from it and quickly. The Miami Heat Is Ending Its Relationship with FTX…