BREAKING: FTX appears to have stopped processing withdrawals, on-chain data show
An exchange spokesperson did not immediately respond to The Block's request for comment.
“It appears that FTX has stopped processing on-chain withdrawals from at least their main identified wallets on Ethereum, Solana and Tron," said Steven Zheng, a research analyst at The Block."This is weird as there presumably are still people queueing up waiting for their withdrawals.
After Zhao's tweets, FTX CEO Sam Bankman-Fried tried to calm the market. He said yesterday that the exchange is “fine,” and for FTX and Binance to work together for the good of the industry. Alameda CEO Caroline Ellison had offered to buy Binance’s FTT holdings at $22 per token.© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our
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