FTX enables payments again, but only on the Bahamas

FTX enables payments again, but only on the Bahamas

ftx On the Bahamas

ftx.com exposed to the processing of withdrawals on the platform on Tuesday, since the solvency crisis became acute and managers are looking for new financial resources.

This morning the blockchain analysis platform nansen first noticed the limited withdrawal activity seemed to recover and recorded up to 7.2 million US dollars, withdrawn from FTX were.

Most FTX customers still cannot withdraw money, but the crypto exchange is in difficulties confirmed on Twitter that individuals on the Bahamas should do so. FTX has its headquarters on the island since April.

This means that FTX probably prioritized its employees or insiders who had accounts with verified local Bahamas addresses. It also added that it "works on additional routes to enable withdrawal for the rest of our user base" all over the world.

A former employee, Zane Tackett, stepped from his position as head of the institutional sales at FTX and back confirmed on Twitter that "he has saved a huge part of my money on FTX".

Customers without Bahamaic accounts that have applied for payouts in the past few days may have to continue to wait.

Only the holder of tron-based token Trx, BTT, JST, Sun and HT were allowed to exchange 1: 1 for assets from FTX 1: 1 in external wallets, announced . This has led to a special situation in which Tron (TRX), for example, is traded at about 7 times the market price at FTX elsewhere.

In addition, FTX US, a separate company, announced on Thursday on his website that trading will be "possibly set" in a few days.

"Please close all positions you want to close. Payouts are and remain open. We will give updates as soon as we have them," said Ftx Us.


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The contribution ftx re-enabled withdrawals, but only in Bahamas is not a financial advice.