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FTX's U.S. website says trading 'may be halted' in a few days but withdrawals still available - CtrlF.XYZ

FTX's U.S. website says trading 'may be halted' in a few days but withdrawals still available

2 years ago 82

FTX's U.S. website says trading "may beryllium halted" successful a fewer days aft the genitor institution spiraled towards illness this week from a liquidity crisis.

"Please adjacent down immoderate positions you privation to adjacent down," FTX U.S. said successful an announcement connected its tract connected Thursday. "Withdrawals are and volition stay open. We volition springiness updates arsenic we person them."

The institution doesn't look to person made an authoritative statement.

FTX U.S. says it is simply a U.S.-regulated exchange. The portion is simply a precise tiny portion of FTX, Sam Bankman-Fried's crypto exchange, which has spent the week seeking a bailout arsenic lawsuit withdrawal demands mounted.

While Bankman-Fried has tally FTX from the Bahamas, the U.S. concern has a absorption squad that's astatine slightest partially separate. Brett Harrison had been the president, but helium announced his resignation successful September, erstwhile the institution appeared to beryllium successful the midst of a monolithic enlargement effort. The website says Zach Dexter is CEO of FTX US Derivatives.

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