FTX US suspends withdrawals, according to on-chain data

Cointelegraph

Published Nov 11, 2022 04:30PM ET

Updated Nov 12, 2022 06:20PM ET

Following an announcement on Nov. 10 that FTX US may halt trading on its platform, on-chain data suggests that the platform has paused withdrawals from the United States-based platform on Nov. 11.

The original announcement on Nov. 10 cautioned users to “please close down any positions” while maintaining that its users would still be able to make withdrawals, as that will remain open.

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