The Golden Remark Warriors have launched a partnership with vexed cryptocurrency substitute Coinbase, despite currently being sued by the investors of its previous crypto sponsor, FTX.
Coinbase is now the “legit cryptocurrency platform and blockchain companion of the Warriors” and its home, Trudge Center. The partnership objectives to “introduce contemporary and attractive ways for fans to have interaction with their favourite crew.”
Basically, Coinbase and the Golden Remark Warriors will peddle blockchain-linked merch. In a explain to entice contemporary customers, Warrior fans who assemble a Coinbase memoir will additionally accumulate “season-long advantages.”
Coinbase is already the uncommon crypto companion of the NBA and the WNBA, as effectively because the NBA G League and the NBA 2K League.
Golden Remark Warriors and Coinbase face ethical woes
On the opposite hand, the crypto substitute is currently in a heated ethical fight with the Securities and Exchange Commission (SEC). Coinbase is accused of illegally working within the US and offering unregistered securities.
What’s extra, the Golden Remark Warriors and its star player Stephen Curry are within the midst of a lawsuit themselves. Every promoted the now-defunct crypto substitute FTX, which spectacularly crashed in 2022.
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A host of investors have sued the duo for their involvement, along with superstars Tom Brady and Larry David, which has allegedly contributed to the loss of millions of buyer funds.
Earlier this twelve months, FTX’s former CEO, Sam Bankman-Fried, changed into as soon as sentenced to 25 years in detention heart on seven counts of fraud and conspiracy.
