Miami-Dade County and the Miami Heat announced Friday they will be terminating their business relationship with FTX following the news the cryptocurrency exchange will be filing for bankruptcy.
FTX's Sam Bankman-Fried Lost Billions and the Company Filed for Bankruptcy—It Could Signal the ‘Demise' of Crypto, Expert Says
The name of the FTX Arena has an uncertain future after the cryptocurrency exchange filed for bankruptcy. NBC 6's Ari Odzer reports One winner from all this was the contract broker, the Superlative Group, who’s been paid and gets to keep almost $3.5 million.
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Heat, Miami-Dade County Release Statement on Reports About FTXWith the crash of cryptocurrency exchange FTX, the naming-rights holder for the Heat arena, the franchise, and Miami-Dade County stated that it would “take action immediately to terminate” its business relationship with FTX_Official
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NBA's Miami Heat to terminate relationship with FTX, will get new arena name | CNN BusinessNBA's Miami Heat and Miami-Dade County have terminated their relationship with bankrupt cryptocurrency exchange FTX and will search for a new naming rights partner for their arena in downtown Miami.
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Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal EarlyPhotos on social media already purport to show the bankrupt crypto exchange’s logo being removed from the arena.
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FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
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Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit RampUPDATE: soBTC largely recovered in price after FTX US reopened withdrawals, restoring a critical offramp for the wrapped bitcoin asset.
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FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resignsFTX said roughly 130 companies in FTX Group — including FTX Trading, FTX US and Alameda Research — had started proceedings to file for bankruptcy in the United States.
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