A federal bankruptcy judge approved the termination of the contract between Miami-Dade County and FTX that gave the cryptocurrency exchange naming rights for the home of the Miami Heat.
Judge John Dorsey on Wednesday approved Miami-Dade and FTX’s request to end the deal. Miami-Dade will no longer refer to the venue, the downtown Miami sports facility that is owned by the county, as FTX Arena, according to the agreement, and the county will remove all off-site public references to the former name.