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Comment by Animats

Trading halt announcement at FTX.US.[1] Announcement says withdrawals still up. But Twitter messages indicate withdrawals are not working.

FTX Japan shut down by order of Japan Financial Services Agency.[2]

FTX.intl processing some withdrawals, according to blockchain.[3] A few lucky people got to exit.

Way too much happening to mention here. Just use Google to search "FTX" and limit search to 1 day. Margin calls all over crypto land. JP Morgan says expect 50% drop across the board in crypto. Around 10 AM PST, somebody just pulled a billion dollars out of Tether. Word of the day: "deleveraging".

[1] https://ftx.us/home

[2] https://www.msn.com/en-us/money/companies/japan-cracks-down-...

[3] https://www.msn.com/en-us/money/companies/crypto-exchange-ft...

parent Animats 4 years ago

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