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FTX Owes Miami $16.5M For Arena Sponsorship Cancellation

The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default.

FTX bought the naming rights to the Miami Heat arena in March 2021. (Megan Briggs/Getty Images)
FTX bought the naming rights to the Miami Heat arena in March 2021. (Megan Briggs/Getty Images)