FTX Users Pull Millions Off the Exchange as Limited Withdrawals Resume

[Google News Bot]

Millions of dollars worth of crypto assets have been pulled off the FTX cryptocurrency exchange in the past couple hours after the trading platform began processing withdrawals again, according to data from blockchain analytics firm Nansen. FTX stopped processing withdrawals yesterday, citing liquidity issues. Withdrawals remained suspended as Binance backed out of a potential deal to acquire FTX. The exchange then resumed withdrawals today, but only for Bahamian customers, the company said on Twitter. “Per our Bahamian HQ’s regulation and regulators, we have begun to facilitate w ...

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