TSM and Furia cut ties with collapsed crypto company FTX

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Esports organization TSM has announced that it is suspending its relationship with FTX, the major cryptocurrency exchange it signed a $210 million sponsorship deal with in 2021. The announcement comes just two days after TSM said it was “consulting legal counsel (opens in new tab)” on how to proceed in the wake of the crypto company’s sudden, spectacular collapse into bankruptcy.

“After monitoring the evolving situation and discussing internally, we’re suspending our partnership with FTX…

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