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Miami nightclub owners are struggling with slumping sales after losing top-spending crypto clientele in wake of FTX implosion and crypto downfall, report says

2 monthes ago   |   By Business Insider

Hisham Ibrahim/Getty Images
Miami club owners told the Financial Times business is slumping as the crypto industry takes a blow.
Crypto, tech, and hedge fund leaders came to the city en masse during the pandemic.
But in the wake of the FTX implosion, some of the city's top spenders have vanished.
Crypto leaders aren't the only ones feeling the blow of the cratering market and the downfall of FTX - so too are the Miami club owners who profited from regularly hosting some of the industry's top spenders. Requests for $50,000 tables and bottle service for top-shelf liquor at the city's hottest...
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