ChainCatcher news, a federal bankruptcy judge has terminated the naming rights agreement between FTX and Miami-Dade County, which involved the downtown arena for the NBA's Miami Heat games. Miami-Dade County will immediately stop using the FTX name and plans to remove all signage from the arena.Previously reported, last November, Miami-Dade County and the Miami Heat terminated FTX's $135 million 19-year exclusive naming rights. (source link)

ChainCatcher news, according to CoinDesk, Miami-Dade County in Florida and the Miami Heat issued a joint statement hours after FTX filed for bankruptcy, announcing that they would immediately take action to terminate their business relationship with FTX and seek new naming rights partners for the arena. The FTX logo has been removed from the top of the arena.Previously, ChainCatcher reported in March last year that the two parties signed an exclusive naming rights deal worth $135 million for 19 years. The Miami Heat's main stadium was also named FTX Arena. (source link)