Tag: FTT
FTX US Warns Users That Trading Could Be Halted ‘In a Few Days’
FTX’s US operation, which CEO SBF insists is independent, has announced that trading may be suspended soon due to a lack of liquidity. In brief FTX US Warns Users Despite FTX’s liquidity crisis and apparent unraveling this week, CEO Sam Bankman-Fried has maintained that FTX US is a separate company from FTX’s global business and…
FTX Seeks $9.4 billion from investors and competitors
By Angus Berwick and Tom Westbrook (Reuters) – A source said Thursday that FTX is trying hard to get about $9.4 billion from investors and competitors. CEO Sam Bankman-Fried is trying to save the cryptocurrency exchange, which has been hit hard by a rush of customer withdrawals. The Insider According to the insider, Bankman-Fried has…
Breaking News: FTX appears to have resumed withdrawals, blockchain data shows
Etherscan data from November 10 suggests that troubled cryptocurrency exchange FTX is once again processing withdrawals. After FTX announced on November 8 that it would be suspending all user withdrawals, the exchange’s hot wallet address remained dormant. However, as of 3:50 pm UTC on that day, it began processing withdrawal requests again. At the time…
FTX Token (FTT) Price Analysis: is it Headed to Zero?
The FTX Token FTT has dropped from its Tuesday opening price of $22.2 to its low of $2 on Thursday morning, a drop of -90.93%. As of this writing, it can be purchased for $3.29 and has begun a slight recovery. What happened to FTX and where it will go from here is still a…
