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Author Topic: Australian crypto exchange suspends withdrawal  (Read 150 times)
suzanne5223
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November 16, 2022, 06:40:31 PM
 #21

Australian based crypto exchange Digital Surge said:

Quote
In an email to customers the exchange said it "does hold some limited exposure to FTX" and was "working hard to understand the situation as it relates to our users".
I don't believe this statement and I hope all cryptocurrency investors that were advised not to keep their crypto portfolio on an exchange for the long term but choose not to listen will learn from the institutional banking protocol used by some CEX because there's no reason for the exchange to suspended all deposits and withdrawals on their platform if they are indeed not exposed to the FTX issue.
Mind you, this is how SBF first lied about the FTX spotted by CZ until everything come to light.

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