Riot claims FTX caused the company “reputational harm.”
, Riot Games is looking to sever any remaining ties with the exchange, which it says its “image and reputation to its customer base” are “inextricably linked” to.
“Images of Mr. Bankman-Fried playing League of Legends were displayed alongside text describing his cavalier attitude towards investor meetings and irresponsibility with corporate funds,” the filing reads. “These images created a public narrative that Mr. Bankman-Fried’s interest in League of Legends, once relatable and human, was now reckless and juvenile.”According to the filing, FTX still owes Riot Games $6.
“The reputational harm inflicted upon Riot cannot be undone,” the filing reads. “FTX cannot go back in time and put in place corporate controls for the safekeeping of customer funds that have in the public eye now been absconded.” Other organizations sponsored by FTX were quick to drop the exchange’s branding following its collapse. Professional esports group Team SoloMid , which once went by TSM FTX as part of a sponsorship deal,
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