Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds? PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Why Did FTX Pause Withdrawals if It Wasn’t Trading Customer Funds?

Yesterday was one of the most head-spinning days in the entire history of the cryptocurrency industry, with Changpeng Zhao’s Binance signing a letter of intent to acquire, and effectively bail out, Sam Bankman-Fried’s FTX exchange. FTX had been considered a huge success story since its founding in 2019, and founder Bankman-Fried had become a respected figurehead.

  • Coinsmart. Europe’s Best Bitcoin and Crypto Exchange.Click Here
  • Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
  • Source: https://www.coindesk.com/layer2/2022/11/09/why-did-ftx-pause-withdrawals-if-it-wasnt-trading-customer-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Time Stamp:

More from Alontrus Group & CoinDesk