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
Sam Bankman-Fried Bail Conditions Revised, FTT Manipulation By Genesis
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
Event Event

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Your email address will not be published.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
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
AUD USD pair

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

October 20, 2022
Mayowa Owolabi on battles traders need to fight

Battle Every Trader Must Fight (Part 1)- Mayowa Owolabi

August 31, 2022
Axie Infinity price

Axie Infinity Price Eyes 25% Gains Ahead of the Token Unlock

April 21, 2023
XAGUSD pair

XAG/USD Climbs to Mid-$19.00s

4
Premier League Considering Partnership With NFT Crypto Platform

Premier League considering partnership with NFT crypto platform

2
EUR/USD pair

EUR/USD Recovers from 20-year Lows

2
Binance Refocuses Efforts For Belgian Clients

Binance Proof-Of-Reserve Pledge Earns Support Following FTX Crisis

2
Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

September 23, 2023
XRP Holder’s Lawyer Finally Breaks Silence On His 3 Big Announcements

XRP Price Prediction: Is This Bear Flag Pattern A Threat To Ripple’s Victory Party Rally?

September 22, 2023
Cryptocurrency Misuse Cases In Latin America

Cryptocurrency Misuse Cases In Latin America

September 22, 2023
TopHash Aims To Simplify Cloud Mining Access

TopHash Aims To Simplify Cloud Mining Access

September 22, 2023

Recent News

Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

September 23, 2023
XRP Holder’s Lawyer Finally Breaks Silence On His 3 Big Announcements

XRP Price Prediction: Is This Bear Flag Pattern A Threat To Ripple’s Victory Party Rally?

September 22, 2023
Cryptocurrency Misuse Cases In Latin America

Cryptocurrency Misuse Cases In Latin America

September 22, 2023
TopHash Aims To Simplify Cloud Mining Access

TopHash Aims To Simplify Cloud Mining Access

September 22, 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
  • Entertainment
  • Forex News
  • Gaming
  • Review
  • Reviews
  • Stocks
  • Uncategorized

Recent News

Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

Is Terra Co-Founder Do Kwon Coming To US? SEC Files Motion In Court

September 23, 2023
XRP Holder’s Lawyer Finally Breaks Silence On His 3 Big Announcements

XRP Price Prediction: Is This Bear Flag Pattern A Threat To Ripple’s Victory Party Rally?

September 22, 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.

?>