简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Nov 14- FTX, its affiliated crypto trading fund Alameda Research and about 130 other companies entered voluntary bankruptcy proceedings last Friday. As the brand ambassador of FTX, the NBA superstar Steven Curry has taken a hit because of the FTX collapse.
Nov 14- FTX, its affiliated crypto trading fund Alameda Research and about 130 other companies entered voluntary bankruptcy proceedings last Friday. As the brand ambassador of FTX, the NBA superstar Steven Curry has taken a hit because of the FTX collapse.
Curry is currently working for the Golden State Warriors of the NBA. This NBA legend reached a partnership with FTX in September 2021 and became a global ambassador for the company. The epic collapse of FTX even entangled his non-profit organization “Eat. Learn. Play”. Earlier this year, Curry starred in a commercial ad for FTX in which he proudly claimed that he didn't need to be an expert to trade and sell cryptocurrencies on the FTX platform. Curry also appeared as a brand ambassador on FTX's website the day before the firm filed for bankruptcy.
FTX is very focused on marketing in the sports world and many sports stars have partnerships with FTX. In addition to Curry, famous tennis star Naomi Osaka was given an equity stake. Another NBA legend Shaquille O'Neal has cooperation with this crypto exchange as well.
Bankman-Fried stepped down from his CEO position as FTX filed for Chapter 11 bankruptcy, after scrambling to shore up an $8 billion liquidity crisis that has left investors unable to claim their funds. Those celebrities in the sports world are also victims of this event. They suffer both reputational and financial loss because of the FTX collapse.
WikiFX wants to remind investors that no matter whether crypto exchanges and forex brokers set up branches around the world, look for celebrity endorsements, or organize charity activities, these are all marketing strategies, and investors should not invest in them without deep analysis.
Want to know what happen to FTX recently? pelase check this article via this link https://www.wikifx.com/en/newsdetail/202211127784561416.html
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Saxo Bank launched an attractive promotion for new clients that offers zero commission trading on transactions for the 100 most popular US stocks. This campaign began on September 17, 2024, and runs until December 31, 2024. It aims to attract clients who want to invest without paying trading costs.
MetaQuotes now offers Nasdaq real-time tick data in MetaTrader 5. Subscribe for accurate market analysis, improved trading strategies, and flexible subscription plans.
Federal Reserve Cuts Rates for the First Time in Four Years. On September 18, Bank of America Global Research revealed an upward adjustment in its forecast, expecting the Federal Reserve to implement a total of 75 basis points in rate cuts by year-end.
STARTRADER has once again solidified its leadership in the forex industry with the prestigious Skyline Guide 2024 award for “Company Outstanding Performance in the Forex Industry”.