Bloomberg Law
Jan. 25, 2022, 10:00 AM

ANALYSIS: Arena Is Dot-Com Déjà Vu All Over Again

Robert Kim
Robert Kim
Legal Analyst

Los Angeles’s Arena became the new name of the home of the NBA’s Lakers in December, following the Miami Heat’s renaming of its home court to FTX Arena earlier that year. These high-profile actions sent a strong message in 2021 that cryptocurrencies are on the rise.

As a former MCI Worldcom shareholder who watched that company’s stock become worthless after the bursting of the dot-com bubble in 2000, all while attending many NBA and NHL games in Washington’s MCI Center—and while also working at the Securities and Exchange Commission—I may interpret the message a bit differently than most.

“It’s ...

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