![Breaking: FTX Allegedly Stops Processing Withdrawals](https://u.today/sites/default/files/styles/736x/public/node-36518.jpg)
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.