According to a report shared by an FTX staff member, CEO Sam Bankman-Fried said that in 72 hours FTX saw roughly $6 billion in withdrawals.
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com were “effectively paused.”
It’s been a crazy day in the world of crypto as Binance, the largest exchange in terms of digital currency trade volume, hasit is set to acquire the crypto trading platform FTX. Furthermore, FTX CEO Sam Bankman-Fried confirmed the transaction would take place and said the details involving the deal would be revealed in the future.
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