Bitci refutes claims over CBF contract termination

(Photo by Antonio Borga/Eurasia Sport Images/Getty Images)

Turkish blockchain company Bitci has responded to claims that its sponsorship contract with the Brazil Football Confederation (CBF) has been terminated.

Earlier this week, Brazilian sports business website Máquina do Esporte claimed the CBF had ended the sponsorship after several months of delayed payments from Bitci.

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