Cryptocurrency exchange FTX has allegedly stopped processing withdrawals.
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.
However, the FTT token is down more than 23% over the last 24 hours.
Sourced from u.today.
Written by Alex Dovbnya on 2031-10-21 09:38:07.