Crypto Exchange FTX US, the US subsidiary of Sam Bankman-Fried’s FTX, alerts users that it may halt trading in a few days. On the FTX US official website, users are asked to close down any positions they want to close down but are also informed that withdrawals are and will remain open.
Yesterday, FTX CEO SBF posted a long thread about the whole situation and began by apologizing to the users. In the thread, he did say that all the unfortunate events only impacted FTX International and not FTX US.
“FTX US, the US-based exchange that accepts Americans, was not financially impacted by this shitshow. It’s 100% liquid. Every user could fully withdraw (modulo gas fees etc.),” SBF tweeted.
Also Read: Binance Calls Off its Plan to Acquire FTX