BlockFi suspends withdrawals
BlockFi announced that it is temporarily suspending withdrawal services and is requesting customers not to deposit funds into BlockFi Wallet and Interest Accounts at this time.
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On November 9th, Flori Marquez, co-founder of BlockFi, stated that all of BlockFi's products are operating "completely normally," including deposits, withdrawals, trading, and lending. BlockFi has secured a $400 million credit line from FTX and is currently an independent entity from FTX, maintaining its independent status at least until July 2023. Withdrawals for all customers are currently being processed in accordance with the terms of service.
This article is authorized reprint from Foresight News, Foresight News is a Chinese content platform in the Web3 vertical domain, committed to the basic principles of "objectivity and neutrality," dedicated to creating a Chinese gateway to the Web3 world.
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