FTX crypto -rope has stopped processing funds for renting funds – Bits Media

According to network observers, The last outgoing transaction from FTX took place in 6:37 morning eastern time (14:37 in Moscow).

According to Etherscan, The FTX American cryptocurrency exchange has stopped processing customer requests to withdraw funds for more than two hours back. According to preliminary data, The output operations were terminated in the Ethereum blockchains networks, Tron и I'll Be There.

"It seems, FTX stopped processing the withdrawal of funds, At least from the main identified wallets on the etherium, Solana, -said the analyst The Block research by Stephen Zheng (Steven Zheng).

The FTX trading platform is faced with a massive withdrawal of customer funds after, as CEO of Binance Chanpen Zhao (Changpeng Zhao) stated, that his exchange will begin to sell his ftt reserves, Own token exchange FTX Exchange, and refused the oncoming offer of buying tokens at a price $22.

In his appeal, Zhao referred to "recent revelations", where some details of the balance of the subsidiary of Alameda Pressearch were disclosed, which show a huge reassessment of their own FTX token token. The businessman announced, that the exchange will eliminate all its ftt assets.

This step caused a shock in the crypto community, since many began to worry about the stability of FTT token.

“Onchain analysts shows, that over the last day, hundreds of millions of dollars were withdrawn from FTX ", - said the Chief Operational Director of the Singapore Management Company Stack Funds Matthew Dibb (Matthew Dibb).

The massive removal of funds from the FTX platform caused fears of the crypto community about the solvency of the exchange and made it publicly asking himself: Will the exchange be able to maintain its position in the future.