Mercedes Removes FTX Logos From F1 Cars

Mercedes will remove FTX logos from the team's cars from the Brazilian Grand Prix

Mercedes withdrew their Formula 1 sponsorship with the crisis hit crypto exchange FTX

An investigation by USA's Security And Exchange Commission (SEC) alleged that the misuse of customer deposits, Mercedes has taken the action

"As a first step, we have suspended our partnership agreement with FTX", said Mercedes

Just after announcing the decision of Mercedes, the Founder, and CEO Sam Bankman-Fried resigned from his role

FTX was also the official Cryptocurrency brand of the Major League Baseball 

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