Warriors will pause all FTX-related promotions-EnglishHindiBlogs-SportsNews

Rate this post

SAN FRANCISCO — The Golden State Warriors are freezing all FTX-related promotional assets, the team told ESPN on Monday.

The final FTX promotion will take place on Monday night at Chase Center on a Jordan pool bobblehead — an item created several months ago before the cryptocurrency exchange firm filed for bankruptcy on Friday.

All other arena promotions and advertisements have been pulled.

FTX filed for Chapter 11 bankruptcy protection after a massive drop in crypto prices left the company unable to cover accounts as customers rushed to withdraw funds.

On Friday, the Miami Heat terminated its naming rights deal with the firm.