FTX US has warned users of the potential cessation of trading functions within a few days.
Amid cryptocurrency exchange FTX’s liquidity crisis and uncertainty this week, founder and CEO Sam Bankman-Fried made a statement that FTX US is a separate company from the global and is doing just fine. However, FTX US is now warning users that their access to the platform may end soon.
FTX US Might Stop Trading
FTX US has announced that it may suspend trading for a few days.
In a message pinned to the top of the FTX US trade page, the firm warned users. The warning states, “In a few days, trading may be halted on FTX US. Please close the positions you want to close. Withdrawals are open and will remain open. We will provide updates as we have them.” it was said.
Although FTX US is referred to as a separate company from the international FTX.com branch, the companies are significantly intertwined. The core FTX brand is widely used in the United States, for example, as part of sponsorship deals.
