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Kendra AndrewsESPN
SAN FRANCISCO — The Golden State Warriors are pausing all FTX-related promotional assets, the team told ESPN on Monday.
The final FTX promotion will be on the Jordan Poole bobblehead given out at Chase Center on Monday night — an item made several months ago before the cryptocurrency exchange firm filed for bankruptcy on Friday.
All other in-arena promotions and advertisements have been pulled.
FTX filed for Chapter 11 bankruptcy protection after a steep fall in crypto prices left the company unable to cover accounts as customers rushed to withdraw funds.
On Friday, the Miami Heat ended their naming rights deal with the firm.
Source: www.espn.com