Riot Games files motion to end deal with cryptocurrency firm FTX

1 year 4 months ago

League of Legends maker Riot Games has filed a motion to end its deal with cryptocurrency company FTX.

As reported by researcher Molly White, the company attributed the decision to FTX’s filing for bankruptcy.

"There is simply no way for FTX to cure the reputational harm already caused to Riot as a result of the highly public disrepute wrought by the debacle preceding FTX's bankruptcy filing. FTX cannot turn back the clock and undo the damage inflicted on Riot in the wake of its collapse," the gaming firm said.

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Author
Jeffrey Rousseau