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.

Currently, FTX only opens withdrawals in the Bahamas because of pressure from the authorities, however, FTX Japan is in Close-only status.

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