Connect with us

Hi, what are you looking for?


TSM Suspends $210 Million FTX Partnership


North American esports organization TSM has suspended their reported $210 million partnership with FTX following the rapid collapse of the company and their immediate filing for Chapter 11 bankruptcy in the United States.

TSM issued their own official statement back on November 13th, saying that the organization was “consulting legal counsel to determine the best next steps to protect our team, staff, fans, and players.”

On November 16th, TSM put out another statement, via Twitter:

“After monitoring the evolving situation and discussing internally, TSM is suspending our partnership with FTX effective immediately. This means that FTX branding will no longer appear on any of our org, team, and player social media profiles, and will also be removed from our player jerseys. This process may take some time to complete as some social platforms have made changes to their product features,” the company said.

“TSM is a strong, profitable, and stable organization. We forecast profitability this year, next year, and beyond. The current situation with FTX does not affect any part of TSM’s operating plan, which was set earlier this year.”

Top 25 Trends

You May Also Like


The Overwatch League has made it’s return, with season 5 running and with Overwatch 2 clearly on the horizon this marks as one of...


According to files that were found within the Playstation database, it appears that ‘Stray’, the third-person cat adventure game, will make it’s arrival on...


Popular YouTube streamer Dr Disrespect just hosted his own Fortnite Zero Build Tournament that offered $100,000 up for grabs, and popular content creators Tfue...