Bahamian rhapsody: FTX users exploit loophole to withdraw crypto
The Bahamas’ Security Commission froze FTX International’s assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
The Bahamas’ Security Commission froze FTX International’s assets yesterday while insisting that Bahamian accounts be able to withdraw funds.
Crypto exchanges FTX and FTX US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy.
A server outage at cold wallet provider Ledger had users panicking amid FTX’s downfall. Ledger’s tweet reminded some of Sam Bankman-Fried.
Justin Sun says he has a grand plan to help token holders caught up in the collapse of FTX. Unfortunately, he’s not revealed what it is.
Sam Bankman-Fried and FTX employees are deleting tweets in which they assured assets were fine right before its “liquidity crunch.”