Miami to yank FTX name from iconic downtown stadium Miami-Dad | • CRYPTO NEWS • #BTC • #ETH •
Miami to yank FTX name from iconic downtown stadium
Miami-Dade County said it would terminate its business relationship with FTX and remove the company's name on the iconic arena, home to the NBA's Miami Heat, just hours after the troubled crypto exchange filed for bankruptcy. has invested heavily in Miami and recently named the city as its national headquarters. Miami-Dade County and the Miami Heat are immediately taking action to terminate our business relationships with FTX, and we will be working together to find a new naming rights partner for the arena," Miami-Dade County Mayor Daniella Levine Cava and the Miami Heat said in a joint statement. "The reports about FTX and its affiliates are extremely disappointing. FTX Arena since a $135 million naming rights deal was announced and signed last year.
