Will FTX pause client withdrawals?

The company said in a tweet that the "lack of clarity" around FTX's current situation meant it would pause client withdrawals. It also told clients not to deposit to its wallet or interest accounts. "We will share more specifics as soon as possible," the company said. "...

How did BlockFi react to FTX's collapse?

Crypto lender BlockFi said it could not conduct business as normal and would be limiting activity in the wake of FTX's collapse. The company said in a tweet that the "lack of clarity" around FTX's current situation meant it would pause client withdrawals. It also told clients not to deposit to its wallet or interest accounts.

Why did Gemini pause withdrawals after FTX collapse?

Making wealth creation easy, accessible and transparent. The Gemini exchange had to pause withdrawals after the FTX collapse caused a ripple effect on the cryptocurrency space. Investors fear that Genesis, the lending partner of Gemini, could file for bankruptcy next.

What's going on with FTX?

The issues at FTX have complex roots, but reached a head early Tuesday, Nov. 8, when a huge wave of withdrawals drained FTX of liquidity and effectively froze the platform – almost always a sign of serious issues for a centralized exchange.