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According to Bitcoin.com, customers using the crypto lender Salt were reportedly informed that Salt has paused withdrawals. Letter recipients who shared the news on Twitter say Salt’s CEO Shawn Owen wrote the note. Salt’s disclosure highlights that “the collapse of FTX has impacted” the business. The firm needs to assess the extent of the damage and until then, withdrawals will remain paused.<br />“Until we are able to determine the extent of this impact with specific details that we feel confident are factually accurate, we have paused deposits and withdrawals on the Salt platform effective immediately,” the letter to Salt customers details. The Salt and Liquid news follow the crypto lender Blockfi pausing withdrawals on Nov. 10, 2022.

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【Platforms Pause Withdrawals as Salt Lending Cite Exposure to FTX】According to Bitcoin.com, customers using the crypto lender Salt were reportedly informed that Salt has paused withdrawals. Letter recipients who shared the news on Twitter say Salt’s CEO Shawn Owen wrote the note. Salt’s disclosure highlights that “the collapse of FTX has impacted” the business. The firm needs to assess the extent of the damage and until then, withdrawals will remain paused.
“Until we are able to determine the extent of this impact with specific details that we feel confident are factually accurate, we have paused deposits and withdrawals on the Salt platform effective immediately,” the letter to Salt customers details. The Salt and Liquid news follow the crypto lender Blockfi pausing withdrawals on Nov. 10, 2022.

Platforms Pause Withdrawals as Salt Lending Cite Exposure to FTX

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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