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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.27-0.2%Nov 21 4:00 PM EST

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To: maceng2 who wrote (193570)11/14/2022 5:27:49 AM
From: maceng2  Read Replies (1) of 217986
 
Yeah, very interesting. Blah blah blah.

Our statement on the FTX collapse (coinjar.com)

So when are they going to offer CSPR?

Huobi not so lucky.

Huobi Unable to Withdraw $13.2M in Customer Funds From FTX (beincrypto.com)

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However, Huobi noted that it is not entirely safe for the company, with the notice stating,

“…the Board anticipates that the financial performance of the Group might be materially and adversely affected in the event that the Incident is not resolved. The Board will discuss with the Group auditor to discuss the impact of the Incident on the Group’s financial position.”

FTX filed for bankruptcy protection on Nov. 11, setting off widespread panic in the crypto market and causing prices to tumble. Many others are also unable to withdraw their funds.

Community skeptical over Huobi transparency reportCrypto exchanges are coming under heavy scrutiny following FTX’s collapse. Reports emerged that FTX’s sister company, Alameda Research, had reserves that primarily consisted of FTX tokens (FTT), raising concerns. As such, exchanges have been hurriedly posting proof of their reserves.


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