FTX-owned crypto exchange Liquid Global has announced that it is suspending all crypto and fiat withdrawals as the FTX collapse continues to affect the markets.
FTX acquired the Japan-based crypto trading platform and its subsidiaries earlier this year.
Halting All Withdrawals
The ongoing crisis faced by centralized exchanges continues, as Japanese cryptocurrency exchange Liquid Global announced that it is halting all deposits and withdrawals, including fiat. The Japan-based exchange and all its subsidiaries had only just been acquired by FTX as recently as February 2022.
Liquid Global announced on their official Twitter handle, stating,
“Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States. Until further notice, we would suggest not to deposit either FIAT or Crypto.”
The exchange added that it would provide users with further updates as and when they are available and
We współpracy z: https://cryptodaily.co.uk/2022/11/liquid-global-halts-withdrawals-as-ftx-collapse-impacts-markets
