Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Team SoloMid responds to FTX’s collapse.
Team SoloMid (TSM) is another organization that’s reevaluating its relationship with FTX following the exchange’s sudden collapse, stating on Twitter that it’s “consulting legal counsel to determine the best next steps.”
The esports team became officially known as TSM FTX after it struck a $210 million sponsorship deal with the company last year. The Miami Heat and the Mercedes Formula 1 team have already ended deals with the fallen firm.
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