FTX-owned Japanese exchange Liquid Global will halt all withdrawals including both fiat and cryptocurrencies. Withdrawals were suspended so that the company could be in compliance with requirements of voluntary Chapter 11 proceedings in the United States, according to a tweet by the company. “This is not a security related halt,” the exchange tweeted. Adding, “Until further notice we would suggest to not deposit either FIAT or Crypto.” 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 to not deposit
The FTX disaster was something nobody saw coming, and now one investor – a young man named Evan Luthra – has described the debacle he’s endured after losing nearly $2 million in crypto funds following the collapse of one of the biggest and most powerful crypto trading platforms in the…