FTX's collapse is the latest blow for a company that has taken several hits over the past year. Earlier this year, more than a dozen current and former employees at TSM and its sister software firm, Blitz, told The Post that Dinh fostered a "culture of fear" at both companies. On July 13, Riot Games, the developer and publisher of "League" and "Valorant," games in which TSM has a presence, fined Dinh $75,000 and placed him on a two-year probation following an investigation that concluded that "there was a pattern and practice of disparaging and bullying behavior exhibited by Andy Dinh toward TSM players and staff members."

"Overwatch" broadcasters stand beside the trophy awarded to the winner of the "Overwatch" World Cup, a tournament held by Blizzard Entertainment last year. "Overwatch" broadcasters stand beside the trophy awarded to the winner of the "Overwatch" World Cup, a tournament held by Blizzard Entertainment last year. More than 6,000 people waited in a snowstorm to buy New England Patriots season tickets after Robert Kraft bought the struggling football franchise in 1994. "If the fans really believe you're committed to winning, you have a great opportunity to build a great franchise," he recalled at an investment conference in Beverly Hills last year. Kraft, who saved the Patriots from moving and turned them into a perennial Super Bowl contender, is now wagering millions of dollars that New Englanders will get behind him once again.

Video streaming service Twitch announced Tuesday a two-year deal with Blizzard Entertainment to become the exclusive third-party home for many of the Irvine game-maker's e-sports events. Blizzard Entertainment can continue to stream video game competitions on its own services, including MLG.TV and Blizzard.com. But the global exclusivity deals a blow to Facebook, Twitter, YouTube, ESPN and other apps competing for streaming rights to the growing form of entertainment. Blizzard Entertainment parent Activision Blizzard Inc. was among early adopters of Facebook's live-video feature, and it's long used YouTube to spread its content. The gaming company may continue to use those services for some unspecified competitions.