Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX

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Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
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Hong Kong-based crypto platform Hbit said it was unable to withdraw $18.1 million worth of cryptocurrencies from FTX. By camomileshumba

Hong Kong-based digital asset platform Hbit Limited is unable to withdraw $18.1 million worth of cryptocurrencies deposited in the now bankrupt FTX.on Monday, New Huo Technologies Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients from trading requests, while, $4.9 million were Hbit assets.in the United States on 11 November 2022, the cryptocurrency assets may not.. be withdrawn from FTX," the statement read.

The collapse of the FTX crypto exchange has sent shockwaves across the crypto industry. FTX's trouble has caused the

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