GameStop to End FTX.US Ties, Refund Customers
GameStop customers with FTX gift cards will be given refunds.
Nov 11, 2022 at 10:19 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/T2JIALCFWZGYDAWUHM2EDS3AKM.jpg)
GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)
Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
Video game retailer GameStop (GME) plans to end its relationship and its pilot gift card marketing partnership with FTX.US, after the crypto exchange filed for bankruptcy protection.
GameStop, one of the key players in the meme-stock craze 18 months ago, said in a tweet Friday that it will be giving refunds to any impacted customers.
The two firms announced their partnership in September to promote interaction between the gaming and crypto community, and said certain GameStop stores would carry FTX gift cards. Shares of GameStop was up about 5% on Friday.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.
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