FTX’s U.S. website says trading “may be halted” in a few days after the parent company spiraled towards collapse this week from a liquidity crisis.
“Please close down any positions you want to close down,” FTX U.S. said in an announcement on its site on Thursday. “Withdrawals are and will remain open. We will give updates as we have them.”
The company doesn’t appear to have made an official statement.
FTX U.S. says it is a U.S.-regulated exchange. The unit is a very small piece of FTX, Sam Bankman-Fried’s crypto exchange, which has spent the week seeking a bailout as customer withdrawal demands mounted.
This is a developing story. Please check back for updates.