The first 10,000 fans attending Monday’s game against the San Antonio Spurs received a Jordan Poole “Poole Party” bobblehead that was sponsored by FTX.
SAN FRANCISCO — The Warriors are putting a pause to all FTX-related promotional assets in the wake of the cryptocurrency firm filing for bankruptcy.
A Jordan Poole bobblehead given to the first 10,000 fans at Monday’s game against the San Antonio Spurs, which was planned far in advance to last week’s news, would be the last FTX promotion in connection with the Warriors, the team said.
The quick collapse of FTX, one of the world’s largest cryptocurrency exchanges until recently, could mean celebrity backers, including Stephen Curry and Tom Brady, could “lose big,” according to MarketWatch. FTX is now under investigation for potential sercurities violations, AP previously reported.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX Founder Secretly Moved Funds Through Backdoor: FTX InsiderFTX insider has reportedly stated that recent FTX 'hack' was illegal withdrawal of funds from FTX to Alameda Research
Read more »
Paradigm marks down FTX investment to zero: SourcesParadigm, one of crypto exchange's FTX's most notable investors, marked down its investment in the crypto firm to zero, according to two persons familiar with the situation.
Read more »
Bahamas Securities Regulator Says It Didn't Order FTX to Reopen Local WithdrawalsThe Bahamas' securities regulator, SCBgov_bs, said Saturday it had not required FTX_Official to reopen withdrawals for local customers, contradicting the explanation FTX gave for allowing those withdrawals. nikhileshde reports
Read more »
TSM Issues Statement On Recent FTX Crypto/Bankruptcy IssuesEsports organization Team SoloMid (TSM) issued a statement this evening in regard to the recent developments with FTX.
Read more »
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin NewsFormer Treasury Secretary Lawrence Summers compares crypto exchange FTX's collapse to Enron, noting that the case is a classic fraud.
Read more »
Regulator denies asking FTX to prioritize withdrawals for Bahamian clientsThe Securities Commission added that the transactions made so far could eventually be clawed back as part of insolvency proceedings.
Read more »