Wednesday, December 18, 2024
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FTX Contagion Revives Dreaded 2022 Crypto Knell – the ‘Withdrawal Halt’

Technically it means that a crypto exchange or lender has gated customers from being able to get their money or digital tokens back – typically because there’s just not enough assets on hand to meet redemption requests. The likely upshot, though, is that the business is unlikely to recover easily

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