After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. exchange’s website, the firm notes that “trading may be halted on FTX US in a few days,” but the company’s ethereum wallet stopped processing transactions at 12:20 p.m. (ET) on Friday. Ethereum and ERC20 withdrawals resumed again roughly two hours later at 2:15 p.m. in the afternoon. FTX US’s Lights Start to Flicker — U.S. Crypto Exchange Warns Tra ...
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