[News] On-chain data shows that FTX seems to be processing withdrawals

Cryptocurrency trading platform FTX appears to have started processing withdrawals again, more than 48 hours after the platform was shut down.

According to Etherscan, funds were transferred out of the FTX wallet at around 11 a.m. ET, and it is estimated that the platform is resuming processing withdrawals.​

Andrew Thurman, head of content at the encrypted data platform Nansen, posted that a large number of withdrawals have been seen, and many people have gotten back large sums of money.

Withdrawals coming in hot now — lots of folks getting out large sums pic.twitter.com/YUjnYiMe8Z

— Andrew T (@Blockanalia) November 10, 2022

This article [News] On-chain data shows that FTX seems to be processing withdrawals first appeared on Blockchain.