FTX US announces that it may stop trading on its platform in a few days

According to the FTX US website, "Withdrawals are and will remain open."

In a lengthy apology, FTX CEO Sam Bankman-Fried – better known as “SBF” – assured the crypto community that the recent turn of events would only affect FTX International. According to him, "FTX US, the US-based exchange that accepts Americans, has not been financially impacted by this shitshow." He assured users that FTX US was "100% liquid" and that "Each user could withdraw in full (modulo gas fees, etc.)".

19) Some other miscellaneous comments:

It was about FTX International. FTX US, the US-based exchange that accepts Americans, was not financially impacted by this shitshow.

It's 100% liquid. Each user can withdraw entirely (modulo gas costs, etc.).

Updates on its upcoming future.

However, many are beginning to question the validity of his statement, as a recent announcement on the FTX US website is starting to raise eyebrows among users. According to a banner at the top of the FTX US website, "trading may be halted on FTX US in a few days." The announcement urged users of the exchange to "please close any positions" they wish to close, while assuring its users that "withdrawals are and will remain open".

FTX International's liquidity issues were sparked over the past seven days when Binance CEO Changpeng "CZ" Zhao announced that his exchange would liquidate its holdings of FTX (FTT) tokens.