There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
A number of Twitter posts alleged crypto investors in Singapore had turned to Sam Bankman-Fried’s FTX over Binance after the latter withdrew its bid to get regulatory approval in the country last year and was placed on the regulator’s Investor Alert List (IAL).
Visa Terminates FTX Debit Card Program
The world’s largest payment processor – Visa – has terminated ties with FTX less than a month after introducing a new debit card program.
Huobi Unable to Withdraw $13.2M in Customer Funds From FTX
Huobi announced that it is also a victim of the FTX scandal. It revealed in a notice that it was unable to withdraw $18.1 million from the now-bankrupt exchange. Of this, $13.2 million belongs to customers, with the remaining $5 million belonging to subsidiary Hbit.
AAX reiterates withdrawal halt is unrelated to FTX contagion
Hong Kong-based crypto exchange AAX has reiterated that its suspension of withdrawals on the platform has nothing to do with the ongoing fallout from FTX's collapse and that y rumors to the contrary are false.
The Dont Have Anything We Dont Have: CZ on Why The FTX Deal Fell Through
“From a financial perspective, there is a big hole. From new users, we have very high overlaps. We cover all the regions they cover and they have much less users than us. From a technology or product perspective, I think we have a superior product. They don’t have anything we don’t have.”
