Stephen Gibbs got spooked this week when he heard about problems brewing at FTX and he decided it was time to take his money out of the crypto exchange.

Mr. Gibbs, a musician in Thailand, said he tried to withdraw his money Tuesday. But FTX that day halted both crypto and fiat withdrawals from its international unit. As of Thursday, Mr. Gibbs said, his transaction was still listed as “requested.”

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

People are just realizing iPhone loophole saves you from embarrassing nightmare – don’t take a chance

ALL iPhone owners should consider using a clever feature that can save…

Forget Carbon Offsets. The Planet Needs Carbon Removal Credits

We can reverse climate change if we redefine what carbon neutral looks…

Twitter’s Jack Dorsey Survives Scrutiny From Activist Investor

Jack Dorsey’s job as CEO of Twitter Inc. appears safe. Twitter said…

Three iPhone tricks to boost your battery life and save your storage space – including little-known ‘reduce motion’ hack

IS an unreliable battery life and jam-packed storage making your iPhone more…