An embattled crypto trading platform is scrapping a high-end sponsorship deal with Chelsea Football Club, according to Bloomberg.
The company runs the WhaleFin trading platform, and its logo had appeared on the sleeve of players in the English Premier League team. There have been widespread concerns that the company could be affected by the bankruptcy of FTX — and although it isn't exposed to the doomed exchange's sister trading firm Alameda Research, it did have some funds on FTX.
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