Live data from Hacker News

FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

theblock.co

11–20 of 141 posts

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#11
The way to see this is (and check if it's still the case) is to click back on https://etherscan.io/tokentxns?a=0x2faf487a4414fe77e2327f0bf... until you see ones labeled "out". That will take you to 6:37am ET.

Possible interpretations range from (optimistic) a delay in pulling funds from cold storage due to unusually high levels of withdrawals to (pessimistic) FTX collapsing.

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#16

Seriously? This is kind of incredible. SBF has always seemed like an interesting operator in the space, and his proposals for regulation now appear to have gained him a lot of enemies. I wonder how much of this market pressure is organic vs organized. Certainly CZ from Binance seems to have planned a squeeze on them.

Yeah talk about a brutal move. Made my estimation of CZ increase, what a shark

Yeah, but why wouldn't he want to sell his hundreds of millions of dollars worth of FTT before crashing the price? Isn't that a bit strange?

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#17
post #7

After the 2008 financial crisis shook my faith in banks, I really hoped it would be replaced by a system of wildcat banks located in offshore tax havens speculating on their own virtual scrip and waging cyber-warfare against each other. Good job.

Honestly that sounds more fun and interesting than it actually is. We're living in the dumbest, most un-cool version of the cyberpunk future.

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#18

Seriously? This is kind of incredible. SBF has always seemed like an interesting operator in the space, and his proposals for regulation now appear to have gained him a lot of enemies. I wonder how much of this market pressure is organic vs organized. Certainly CZ from Binance seems to have planned a squeeze on them.

Yeah talk about a brutal move. Made my estimation of CZ increase, what a shark

The wide range of Binance’s criminal behavior didn’t clue you in on his sharkiness prior to this?

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#19
post #16

Earlier quoted context omitted.

Yeah talk about a brutal move. Made my estimation of CZ increase, what a shark

Yeah, but why wouldn't he want to sell his hundreds of millions of dollars worth of FTT before crashing the price? Isn't that a bit strange?

Ego wars. Sam made a joke about CZ getting arrested on US soil.

Re: FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show

#20
post #7

After the 2008 financial crisis shook my faith in banks, I really hoped it would be replaced by a system of wildcat banks located in offshore tax havens speculating on their own virtual scrip and waging cyber-warfare against each other. Good job.

No post body was provided.
Post reply on HN