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 venues are drying up, according to a new report from the Financial Times. The scene has become so bleak that Andrea Vimercati, director of food and beverage at Moxy Hotel group, told the outlet that high-rolling crypto regulars have "completely disappeared."

"Out of the blue, all these kids from crypto started coming down and spending a lot of money — like, an insane amount of money," he said.

Now, with the downfall of companies like FTX, club owners and promoters aren't quite certain if big spenders will return, as the value of cryptocurrencies take a nosedive and major players like Sam Bankman-Fried hemorrhage vast amounts of their net worth.

 https://www.businessinsid .. report-2022-11

Good riddance.

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2021 everyone was eatin

NoLvstName said 2021 everyone was eatin

And that's bad for capitalism.

Almost like crypto should be regulated. Hard to feel bad for people who lose their money gambling.

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50k for 3 hours is dumb af Lmao but ppl do it

the credit card scammers once again gain back control of the clubs

I hate articles like this , usually it’s just cap and based primarily off of anecdotal evidence

Oh so now the money launderers are crying huh ....

Scamming money and money laundering is how many clubs in NYC, Miami and LA stay open and when both are dried up folks are not coming. They are using FTX as a reason for publicity and making any click bait article with the name so ppl can read it.

ATMBEATZ said the credit card scammers once again gain back control of the clubs

That's what I was thinkin' "like welcome back to old times."

Show the tax returns

antisocial100 said I hate articles like this , usually it’s just cap and based primarily off of anecdotal evidence

Miami was crypto city though lol. The mayor marketed it as the most friendly to crypto. Even made a coin

Liv on Sunday >>>>>

No sh*t.. its almost like your big spenders got their monies stolen

I’m from Miami

fu*k them clubs!!

ATMBEATZ said the credit card scammers once again gain back control of the clubs

Naw real sh*t

Commission said Liv on Sunday >>>>>

sh*t wack

You not even allowed to dance in most of those clubs

Most people just posted up and on their phones

305Trav said sh*t wack You not even allowed to dance in most of those clubs Most people just posted up and on their phones

What???

That’s crazy

We, the regular folk have no sympathy. Good luck with your elitist establishments that make people beg to spend their own money.

All that funny money gone

loveeveryday said What??? That’s crazy

Bruh they got a image to uphold

I had a thick hoe one time with me in LIV and she was grinding on me, nothing crazy and a security guard told me to stop

Thats after I spent $72 on 2 drinks



Never again