Crypto.com Arena Views During So-Called "Crypto Winter"

LOS ANGELES, CA - DECEMBER 23: In an aerial view, Crypto.com Arena, formerly Staples Center, is seen as the crypto industry reels from the collapse of FTX on December 23, 2022 in Los Angeles, California. With individual traders being hit with huge losses and regulators investigating allegations of misappropriation of customer funds by FTX, questions have also arisen about the health of other major crypto players like Binance and Crypto.com. The arena had been known as Staples Center until Crypto.com acquired the naming rights to the home of four professional sports franchises, the NBA's Los Angeles Lakers and Los Angeles Clippers, as well as the NHL's Los Angeles Kings and the WNBA's Los Angeles Sparks in December 2021. It was one of the most expensive in stadium rights deals in history. (Photo by David McNew/Getty Images)