Binance suspends FTX token deposits, says CEO

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Cryptocurrency firm Binance has stopped accepting FTX token deposits from FTX on its platform, Chief Executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same.

FTX, which filed for bankruptcy on Friday, was embroiled in more chaos on Saturday, as the cryptocurrency exchange said it had detected unauthorized access and analysts reported hundreds of millions of dollars in assets. were moved from the platform under “suspicious circumstances”.

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🇧🇷[A Binance] stopped the FTT warehouse, to avoid the potential for questionable additional supplies affecting the market. We will monitor the situation,” Zhao explained.

“FTT contract implementers moved all remaining FTT supply worth $400 million, which must be unlocked in batches. I’m not sure what’s going on,” he added.

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Source: CNN Brasil

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