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FTX Suspends Customer Signups After Widespread Criticism

The crypto exchange is facing an acute liquidity crisis.

Updated May 9, 2023, 4:02 a.m. Published Nov 10, 2022, 10:52 a.m.
Photo of FTX website (Rob Mitchell/CoinDesk)
Photo of FTX website (Rob Mitchell/CoinDesk)

Crypto exchange FTX has suspended new users from signing up on its trading platform following widespread criticism that it was allowing onboarding despite facing liquidity troubles.

  • "All onboarding of new clients has been suspended until further notice," a message on the FTX website reads. Withdrawals remain paused.