FTX sign dismantled as NBA’s Miami Heat seeks new naming rights partner for its arena.
A photo posted on Twitter Saturday seems to show workers that are already dismantling the FTX sign on the building’s rooftop. In the past couple of years, the FTX brand name has been associated with a variety of sports as, like others in the industry, FTX invested in a number of such sponsorships.the official cryptocurrency exchange of Major League Baseball , with the FTX.US logo featured on umpire uniforms at the MLB’s All-Star Game in July.
Mercedes cars in the world’s most popular racing championship will no longer carry the logos of the crypto derivatives exchange after the F1 team put an end to the partnership and announced it will not promote the crypto brand during the upcoming Brazilian Grand Prix. A spokesperson for Mercedes told the Racefans news outlet:
As a first step, we have suspended our partnership agreement with FTX. This means the company will no longer appear on our race car and other branded assets. The statement followed earlier reports that the team is assessing the situation while keeping the branding. FTX logos were printed on several parts of its W13 cars and during the Miami Grand Prix Mercedes promoted the launch of an
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