Why did Team SoloMid suspend its sponsorship deal with FTX?

Popular esports club Team SoloMid (TSM) announced today that it has suspended its 10-year, $210-million sponsorship deal with FTX after the cryptocurrency exchange collapsed last week amid a liquidity crunch. TSM, ranked by Forbes as the most valuable team organization in esports, signed the decade-long naming rights pact with FTX in June 2021.

Is FTX in the 'pole position'?

The person familiar with the SEC's thinking said they would dispute FTX was in the "pole position." Anything the SEC did to regulate crypto trading would be open to all market participants, the source said.

What does ftx-21 stand for?

The flight test, designated Flight Test Other-21 (FTX-21), successfully demonstrated the ability of an Aegis Baseline 9.C1 (BMD 5.0 Capability Upgrade) configured ship to detect and track a medium-range ballistic missile (MRBM) target within the Earth's atmosphere.

What is the FTX bullet?

At the heart of the system is a polymer base (not a sabot) that seals the bore to deliver maximum energy transfer and accuracy. Atop the base is the FTX® bullet, featuring a rugged gilding metal jacket coupled with patented FlexTip® technology and an InterLock® ring that deliver maximum lethality.