November 19, 2024

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Alameda on the radar of BitDAO community for alleged dump of BIT tokens

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Alameda on the radar of BitDAO community for alleged dump of BIT tokens

The recent

From Nov. 6, numerous FTX users faced problems while withdrawing their funds from the exchanges, such as delays and failures.

FTX addressed the concerns raised by investors by highlighting the smooth operation of the matching engine. However, the exchange agreed on delays with Bitcoin (BTC) withdrawals due to limited node throughput.

In addition, users facing delays in stablecoin withdrawals were told that withdrawal speeds would get back to normal after banks resumed operations during the weekdays.