The madness revolving around FTX does not stop. BlockFi is now the first expected victim of a contagion effect that could have the crypto market in its grip in the coming weeks.
Contrary to Sam Bankman-Fried’s claims, however, the US exchange FTX.us could also be on the verge of a trading and withdrawal halt. The CEO still emphasized yesterday that the US exchange is a separate company from its global business and will continue to function properly.
“The US based exchange that accepts Americans, was not financially impacted by this shitshow. It’s 100% liquid. Every user could fully withdraw (modulo gas fees etc). Updates on its future coming,” as Bankman-Fried tweeted just yesterday.
However, in a message suddenly pinned to the US trading page yesterday, the company warned users, “Trading may be halted on US based exchange in a few days. Please close down any positions you want to close down. Withdrawals are and will remain open. We will give updates as we have them.”
As so
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