Name: Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?
Uploaded: 2022-11-09T21:38:25.000Z
Duration: 7 min 30 s
Description: A day after signing a letter of intent to buy struggling rival FTX, crypto exchange Binance seems highly unlikely to go through with the acquisition, according to a CoinDesk source. This comes after a huge wave of withdrawals drained FTX of liquidity and effectively froze the platform. Chief Insights Columnist David Z. Morris discusses the latest in the proposed Binance-FTX deal.

CD20$2,070.020.18%BTC$77,160.120.19%ETH$2,117.350.060%XRP$1.350.51%SOL$85.170.74%

Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds? | CoinDesk Videos

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CD20$2,070.020.18%BTC$77,160.120.19%ETH$2,117.350.060%XRP$1.350.51%SOL$85.170.74%

Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds? | CoinDesk Videos