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FTX swag is stowed in a corner of the storeroom at Solana Embassy in Miami. 

FTX swag is stowed in a corner of the storeroom at Solana Embassy in Miami. 

Photographer: Amanda Gordon/Bloomberg
Wealth

Miami’s Crypto Scene Partied Through Art Basel Like FTX Never Happened

The city’s digital-asset faithful are vowing to move forward after the rapid demise of FTX, which had pledged to make Miami the US crypto capital. 

At a dazzling new hotspot in the center of Miami’s crypto scene, the remains of Sam Bankman-Fried’s collapsed empire are stuffed in trash bags.

Hundreds of FTX Miami T-shirts. A framed FTX-branded Heat jersey. A poster signed by chess grandmaster Magnus Carlsen in an FTX-sponsored tournament. Navy FTX bean bags, evoking where the now-bankrupt exchange’s whiz kid claims he slept. 

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