FTX US May Be Halted In The Coming Days
Trading “may be halted” in a few days, according to the FTX US website, after the parent company this week experienced a liquidity crisis that sent it into a tailspin.
FTX US exchange suddenly announced a notice calling for users to close orders because they may have to stop trading but still support withdrawals.
FTX CEO Sam Bankman-Fried previously stated that FTX US is independent of FTX and still has enough money to operate.
Sam Bankman-Fried’s FTX has spent the week seeking a bailout with the mounting of customer-withdrawal demands. Sources from Reuters reported that SBF is in discussions with Justin Sun to raise capital.
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