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FTX loses Miami Heat stadium sponsorship

FTX.com arena. | FTX loses sponsorship of Miami Heat stadium

Image: Joe Raedle via Getty Images.

National Basketball Association (NBA) team Miami Heat’s home arena will soon be renamed after a Florida judge ended the naming rights agreement between the bankrupt cryptocurrency exchange, FTX.com, and Miami-Dade County, according to a Wednesday court filing.

See related article: LA’s Staples Center to be renamed Crypto.com Arena

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See related article: Exchange Crypto.com revs up sports sponsorships as Formula 1 partner

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