Riot are attempting to pull out of a sponsorship deal with a bankrupt crypto company

1 year 4 months ago

Riot Games are attempting to get out of a silly sponsorship deal they made last year with now defunct crypto exchange company FTX. The deal involved FTX paying many millions of dollars to League Of Legends developers Riot, who have only received $6.25 million of the $12.5 million FTX were supposed to cough up in 2022. This is on account of FTX being a) bankrupt and b) formerly lead by Sam Bankman-Fried, who was arrested last week in The Bahamas. It is hard not to LoL.

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Author
Matt Cox