Breaking: Are US Bank Freezing FTX Linked Bank Accounts?
FTX News: Since the Bahamian authority arrested Sam Bankman-Fried (SBF), former CEO of the collapsed Crypto exchange FTX, regulators and other institutions are gearing up to pull more charges on him. However, in this bid, some users have reported facing complications in accessing their Bank accounts linked with the collapsed exchange.
FTX linked accounts on target?
Cole Petersen, Head of Operations at Elixir Protocol raised a major issue related to accessing his bank account. He wrote that his Bank just closed and emptied the accounts due to previous FTX wire deposits.
He added that a check is coming however, no warning was given and he is not being able to access his money. At the time of Bank login, all of his accounts showed a $0.00 balance. Cole highlighted that there is a possibility that there is a good chance that users’ bank accounts can be affected if they got linked with FTX earlier.
However, other Twitter user seconded Cole’s claim. He wrote that this happened to him also for accessing crypto and forex platforms. Meanwhile, this issue wasn’t related to the FTX. He added that he logged in and found out that his accounts were gone.
Further, Cole mentioned that this issue is being faced on accounts linked with FTX US.
Another affected user wrote that they experienced such kind of issue the other day. However, its accounts were linked to JPMorgan Chase. It mentioned that one of its accounts lands in the category of private client with a trading history of a decade.
SBF has reportedly filed a new bail request in the Bahamas Supreme Court as his previous submission was rejected.
- Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash
- BSC Meme Season Ends as PumpFun Surpasses Four Meme Amid $8M Inflows
- ProShares Files for Index Crypto ETF Tracking Bitcoin, Ethereum, XRP, and Solana
- Trump Says Meeting with China May Not Happen, Bitcoin Drops
- The Great Rotation? Bitcoin Rises as Gold Sees Largest Daily Drop Since 2013
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
- Pi Coin Price Eyes 50% Upswing As AI-Powered App Studio Update Ignites Optimism