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FTX Arena, the home of the Miami Heat, will soon have a new name after the team and Miami-Dade County terminated their relationship with the cryptocurrency exchange Friday.
FTX filed for bankruptcy earlier Friday after a week of tumult for the exchange and what has been the crypto equivalent to a bank run.
It was the third-largest cryptocurrency exchange in the world at the beginning of the week, and its CEO and founder, Sam Bankman-Fried, has resigned.
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