Mercedes to retain FTX logos despite crypto exchange crisis

FTX is facing bankruptcy if it cannot raise billions of dollars of funds to get itself out of a liquidity crisis that erupted at its affiliated Alameda Research company this week.
An initial plan for it to be rescued by rival exchange Binance, which is a sponsor of the Alpine team, collapsed after just 24 hours amid concerns about the scale of the financial hole FTX faced.
A statement from …Keep reading