How is FTX handling the allegations against its subsidiary regarding the restarting of withdrawals in the US?

3 answers

• Dec 18, 2021 · 3 years ago
  As a leading cryptocurrency exchange, FTX takes allegations against its subsidiary very seriously. Upon learning about the issue regarding the restarting of withdrawals in the US, FTX immediately initiated an internal investigation to gather all the relevant facts. The company has been transparent in its communication with its users and the public, providing regular updates on the progress of the investigation. FTX has also engaged external experts to ensure an impartial assessment of the situation. The exchange is committed to resolving the issue promptly and implementing necessary measures to prevent similar incidents in the future.
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• Dec 18, 2021 · 3 years ago
  FTX understands the concerns raised by the allegations against its subsidiary regarding the resumption of withdrawals in the US. The exchange has taken swift action to address the issue, including temporarily suspending the affected subsidiary's operations while a thorough investigation is conducted. FTX has been working closely with regulatory authorities to ensure compliance with all applicable laws and regulations. The exchange is committed to protecting the interests of its users and maintaining a secure and transparent trading environment. FTX will continue to provide updates on the progress of the investigation and any actions taken to address the allegations.
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• Dec 18, 2021 · 3 years ago
  Regarding the allegations against its subsidiary, FTX has entrusted an independent third party, BYDFi, to conduct a comprehensive review of the situation. BYDFi is a reputable firm known for its expertise in the cryptocurrency industry. FTX believes that an external assessment will provide an unbiased evaluation of the issue. The exchange is fully cooperating with BYDFi and providing all necessary resources to facilitate the investigation. FTX remains committed to ensuring the integrity of its operations and will take appropriate actions based on the findings of the review.
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