EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

FTX Linked Crypto Exchange Halts Withdrawals Deposits

Admin by Admin
November 15, 2022
in Crypto News
0
DOJ-Appointed US Trustee Objects To Subpoena Request In FTX Bankruptcy Case
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
MMC MMC

After FTX announced the decision to opt for chapter 11 bankruptcy, a top-tier crypto exchange announced it halted withdrawals and deposits. The meltdown of Sam Bankman-Fried-related crypto companies has already had a negative ripple on various entities in the ecosystem.

Binance CEO CZ had earlier warned that the crypto market stares at cascading effects following the implosion of Crypton exchange FTX. In the last two weeks, several associated cryptocurrencies like FTX Token (FTT) and Solana (SOL) lost significant value.

One of Japan’s top crypto exchanges, Liquid, on Monday said it was halting deposits and withdrawals due to FTX’s bankruptcy-related issues. Liquid and its associated subsidiaries were acquired by FTX in February 2022.

Earlier, it announced the suspension of fiat and crypto withdrawals. It cited the requirements of voluntary chapter 11 proceedings in the United States for the suspension.

The bankruptcy process of FTX Group involved FTX and Alameda Research, along with several other companies. The company said it wants to review and monetize assets to benefit stakeholders. The announcement also marked the stepping down of Sam Bankman Fried from the role of chief executive officer. The troubled company announced John J. Ray III as the new FTX CEO.

 

 

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: CryptoFTX
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Crypto Venture Firm Sino Global Reveals ‘Mid-Seven Figures’ Exposure to Bankrupt FTX

Next Post

EURUSD Climbs to Multi-month Highs Above 1.0400

Admin

Admin

Next Post
EURUSD update

EURUSD Climbs to Multi-month Highs Above 1.0400

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>