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FTX Spent Hundreds of Millions of Dollars on Sports Marketing on Road to Bankruptcy

FTX signed sports deals worth $375 million—and that's just the deals with publicly reported price tags. Now it has filed for Chapter 11 bankruptcy.

FTX Spent Hundreds of Millions of Dollars on Sports Marketing on Road to Bankruptcy
FTX signed sports deals worth $375 million—and that's just the deals with publicly reported price tags. Now it has filed for Chapter 11 bankruptcy.

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