Main navigation

Breaking: FTX Allegedly Stops Processing Withdrawals

Advertisement
Tue, 8/11/2022 - 14:02
Breaking: FTX Allegedly Stops Processing Withdrawals
Cover image via U.Today
Read U.TODAY on
Google News

Cryptocurrency exchange FTX has allegedly stopped processing withdrawals. 

Advertisement

Earlier today, social media users started complaining about not being able to withdraw their crypto for a couple of hours.  

This came amid speculation about FTX's alleged financial troubles that took a toll on cryptocurrency prices this Tuesday. 

On Monday, FTX CEO Sam Bankman-Fried tweeted that his crypto empire was "fine" in an attempt to calm the market. 

Advertisement

However, the FTT token is down more than 23% over the last 24 hours.    

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD