Not just cryptocurrencies, FTX has fully suspended withdrawals.
Foreign media CoinDesk pointed out that FTX has suspended cryptocurrency withdrawals, but the situation seems to have worsened. FTX customer service confirmed in the official Telegram group that all withdrawals have been completely stopped. The group administrators also mentioned the following:
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Foreign media CoinDesk pointed out that FTX has temporarily suspended cryptocurrency withdrawals, but the situation seems to have worsened. FTX customer service confirmed in the official Telegram group that all withdrawals have been completely halted. The group administrators also mentioned the following:
Cryptocurrency and fiat withdrawals have been completely suspended and will be expedited once everything is ready.
If the withdrawal status shows "Processing," it means it has been suspended.
If the withdrawal status shows "Completed," it will be processed within 2 to 5 business days.
Registration, deposits, and trading functions are operating normally.
Lending and interest earning functions are normal.
There may be some restrictions on internal transfers.
Normal unstaking of FTT requires 14 days, or immediate redemption with a 10% fee.
The customer service team has provided a tentative timeline for recovery, but is also awaiting further instructions from the official team.
In addition, Coinglass data shows that FTX only has 36 bitcoins in inventory, but the accuracy of this information is yet to be confirmed.
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