FTX had signed a huge sponsorship deal with TSM.
The esports giant TSM FTX is suspending its blockbuster sponsorship deal with the collapsed cryptocurrency exchange and is dropping FTX from its name.
“After monitoring the evolving situation and discussing internally, we’re suspending our partnership with FTX effective immediately,” TSM wrote. “This means that FTX branding will no longer appear on any of our org, team and player social media profiles, and will also be removed from our player jerseys.”
TSM also cautioned that the change might take some time to roll out on social media, and at least for a little while, the old name
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