FTX Scam : Unable to withdraw

[examplens]

Quite a mess for those who had their money there.
I assume the USDT freezing was issued by law enforcement in order to prevent a possible exit scam or someone running away with what is left?

Also, I have seen some speculation around social media that this is the work of some hedge fund, looking to make big money by shorting FTT, Bitcoin and even Tether (?).

If someone could please update the status of the withdrawals from FTX, it would be very appreciated I have no idea these people actually have a plan or are actively trying to run away from all this.

on their page, there is this warning that withdrawal is not possible and that they clearly suggest not to make any deposit on FTX. supposedly they should have made a swap option for holders of TRX and a few more tokens, I haven't seen anywhere whether this has worked successfully.

[JeromeTash]

If you hear any good news about withdrawals on social media or on their official Twitter account, please do share it here.

There has been some news on Twitter indicating that FTX resumed withdrawals according to on chain data. The withdrawals are on and off, though. Most members are still complaining that they have pending withdrawals from yesterday. I am not sure if they are actually making withdrawals for all customers, or just specific whales or groups of people.

Some of the wallets
1. https://etherscan.io/address/0xc098b2a3aa256d2140208c3de6543aaef5cd3a94
2.https://etherscan.io/address/0x2faf487a4414fe77e2327f0bf4ae2a264a776ad2

[dkbit98]

There has been some news on Twitter indicating that FTX resumed withdrawals according to on chain data. The withdrawals are on and off, though. Most members are still complaining that they have pending withdrawals from yesterday. I am not sure if they are actually making withdrawals for all customers, or just specific whales or groups of people.

Maybe this was for their global version of website, but they recently announced they are now going to start stopping withdrawals for US version website.
I currently can't find any notification banner on ftx.us but people should already know what is happening and withdrawing any coin leftovers.
One more thing I am thinking about is what is going to happen with all the people who owns their FTX card from Scam Bankman...

[Pmalek]

Maybe this was for their global version of website, but they recently announced they are now going to start stopping withdrawals for US version website.
I currently can't find any notification banner on ftx.us but people should already know what is happening and withdrawing any coin leftovers.

There is no announcement on the landing page, but if you click on "Exchange", it will take you to https://ftx.us/home. And on the top, there is a big warning in red saying that trading could be stopped in a few days. Anyone with active buy/sell orders should close their positions. They also state that withdrawals are and will remain open. If someone wants to take their word for it, that's their choice. I know I wouldn't at this stage.

[BitcoinGirl.Club]

Back then ICOs, BitConnect, exchange hacks and incidents Quadriga, Cryptopia etc.... and we still step into the same riverbed over and over and expect something else.  

You, me and others who saw ICO, BitConnect, exchange hacks and others; are rarely risking our coins in a centralized system. So I will say some are learning their lessons.

Problem is, in crypto it's easier for newbies to buy and keep the coins in the exchanges. They do not know which wallet to download, how to keep the key safe, even how to create a wallet. It's easier for them to create an account as it's an email account, get the address, find the credit card and buy crypto. Majority think by doing that they are in crypto. But they do not realized there are no deference putting your money in a bank and putting your coins in an exchange. In fact an exchange is worse than having your money in the bank.

We are still in the diaper as a whole in crypto economy. People are learning good use in the hard way. After few years or may be few decades we will see crypto users are more aware about managing their crypto assets, more and more users will prefer decentralized exchanges over those centralized services.

[Getmon]

This is why non-traders are strongly advised not to leave funds in exchanges. This is a common problem with the exchanges using customers funds.  FTX is not the only one doing this, Binance and 95% of all exchanges are doing the same. US FTX users have to withdraw while they can asap.

Sam Bankman-Fried from billionaire to bankruptcy? What are the chances of FTX to survive? Sam tried to raise $9 billion of funds to save his company but he appears to be running out of time, governments and regulators are quick to renounce permits and the freezing of assets before potential investors can agree to rally the funds needed. I have doubts that this will end in a nice way. I heard only Justin Sun of TRON remained committed with a worth of $1 billion. Okex, Tether and various companies may be willing to help but with authorities starting to take over the issue, it raises further doubts of a positive resolution.

While this is mainly the doing of Sam Bankman-Fried, CZ played a big role in this. CZ upon realizing not to proceed with the takeover, could have told Sam in private and zipped his mouth on the issue for a while. Instead, CZ made an official statement that fueled the issue worst. CZ won but I guess he created secret enemies and crypto firms won't trust him anymore. Binance years are prolly numbered.

[ajiz138]

Sam Bankman-Fried has stepped down as CEO of FTX and the exchange has filed for bankruptcy with the United States, so FTX and FTX us have been declared bankrupt.

But will customer assets after bankruptcy remain safe even though we don't know when we can withdraw them?
Or will this be a common loss, including the customer, too?

Source: https://twitter.com/FTX_Official/status/1591071832823959552

[virasog]

Sam Bankman-Fried has stepped down as CEO of FTX and the exchange has filed for bankruptcy with the United States, so FTX and FTX us have been declared bankrupt.

But will customer assets after bankruptcy remain safe even though we don't know when we can withdraw them?
Or will this be a common loss, including the customer, too?

Source: https://twitter.com/FTX_Official/status/1591071832823959552

Ahh, you still think that people's funds will remain safe? There are no funds at all, these are just numbers left on the exchange. We have been scammed by these big exchange CEO's.

Just yesterday, there was a tweet where SAM told that FTX US is not affected and today they have filed for bankruptcy for both the FTX and the US Version. Why he gave wrong statement about FTX.US yesterday?

Do you people still think that SAM is not a scammer ?

[Stalker22]

Ahh, you still think that people's funds will remain safe? There are no funds at all, these are just numbers left on the exchange. We have been scammed by these big exchange CEO's.

Just yesterday, there was a tweet where SAM told that FTX US is not affected and today they have filed for bankruptcy for both the FTX and the US Version. Why he gave wrong statement about FTX.US yesterday?

He said the same thing for FTX a few days ago, only to delete the tweet a day later. He was probably trying to buy some time so he could pay off a select few individuals.

Do you people still think that SAM is not a scammer ?

It is hard to say at this point. He is either a scammer or just grossly incompetent for the job he was doing. I believe the latter.

[Bitcoin_Arena]

Sam Bankman-Fried has stepped down as CEO of FTX and the exchange has filed for bankruptcy with the United States, so FTX and FTX us have been declared bankrupt.

But will customer assets after bankruptcy remain safe even though we don't know when we can withdraw them?
Or will this be a common loss, including the customer, too?

Source: https://twitter.com/FTX_Official/status/1591071832823959552

Ahh, you still think that people's funds will remain safe? There are no funds at all, these are just numbers left on the exchange. We have been scammed by these big exchange CEO's.

Just yesterday, there was a tweet where SAM told that FTX US is not affected and today they have filed for bankruptcy for both the FTX and the US Version. Why he gave wrong statement about FTX.US yesterday?

Do you people still think that SAM is not a scammer ?


https://i.imgur.com/1w5llL2.jpg

I am so astonished people still believe the piece of shit in Sam Bankman-Fried

After all the lies he made in the past few days, people should not be believing what he says by now and yes that's what scammers do. They lie and manipulate people's minds.

For example, before the whole saga was fully exposed. He made the following claims
This tweet has now even been deleted

[malcovi2]

update:
FTX Crypto Wallets See Mysterious Late-Night Outflows Totalling Nearly $400M
https://www.coindesk.com/business/2022/11/12/ftx-crypto-wallets-see-mysterious-late-night-outflows-totalling-more-than-380m/

https://twitter.com/AutismCapital/status/1591273268677578753


If you think that this can't get any worse but it does someone is stealing people's money. This is literally disgusting whoever is doing this, I hope he gets jailed.
Cryptocurrency reputation is again under fire because the people who hate crypto are out in the open calling it is being used purposely for criminals, gambling addicts, and other negative activities.

[mindrust]

Sigh... People will never learn...

"Not your keys, not your coins."

No matter if it is the biggest or the second biggest crypto exchange in the world, any exchange can go bankrupt, do stupid things (like bribing the democrats) or get hacked. If you hold your keys, nobody can do that with your funds.

The funny thing is, there will always be lots of people who will trust these exchanges and their actions will affect everybody.

[heavencoin2022]

Sigh... People will never learn...

"Not your keys, not your coins."

No matter if it is the biggest or the second biggest crypto exchange in the world, any exchange can go bankrupt, do stupid things (like bribing the democrats) or get hacked. If you hold your keys, nobody can do that with your funds.

The funny thing is, there will always be lots of people who will trust these exchanges and their actions will affect everybody.

YOU ARE RIGHT! I was also that stupid the fraud company localbitcoins.com have stolen me a huge amount of money.  The female Scammer Avelina Tumas is the head of costumer service that just answer the victims we cant unlock your acount.

I learned from the scam of localbitcoins.com, so I keep only around $25,000 in my FTX account, and fore sure we will never get any money back. - If you are not an empolyee of FTX.

Interisting thing is that scammers like Avelina Tumas, Sara Leppänen, Vladislav Alimpiev or Sam Bankman-Fried never get arrestet.

Maybe it will happen to Sam Bankman-Fried because he initiate a huge scandal.

[FatFork]

This is getting ridiculous!
The fact that FTX and FTX US have been hacked within a few hours after declaring bankruptcy is a joke. Does anyone believe this shit?


source: https://cointelegraph.com/news/tether-blacklists-31-4m-usdt-following-ftx-s-alleged-hack-musk-reacts

[virasog]

This is getting ridiculous!
The fact that FTX and FTX US have been hacked within a few hours after declaring bankruptcy is a joke. Does anyone believe this shit?

There is more drama to unfold and we are not done yet. I never thought that SAM and his exchange FTX can scam and had bad intentions in their mind. Reports are coming that owners of FTX had a backdoor in their exchange through which they can withdraw any funds without triggering the On-Chain data alarm bells.



https://twitter.com/BTC_Archive/status/1591365581550551043

[ajiz138]

This is getting ridiculous!
The fact that FTX and FTX US have been hacked within a few hours after declaring bankruptcy is a joke. Does anyone believe this shit?

There is more drama to unfold and we are not done yet. I never thought that SAM and his exchange FTX can scam and had bad intentions in their mind. Reports are coming that owners of FTX had a backdoor in their exchange through which they can withdraw any funds without triggering the On-Chain data alarm bells.

This drama will definitely continue until SAM can show itself because I see now that many investors are hunting for it, some even say on Twitter that SAM is on the run whether this is true or not, which is clear, we think this drama is not finished yet.

Ben Armstrong needed a hunter who could find him with SAM, he seemed to want to be angry with SAM for his evil intentions.
There's a lot more about this drama going to be the biggest of the year in my opinion.


https://twitter.com/Bitboy_Crypto/status/1591286819551051776

[FatFork]

Latest news:

• According to @BitcoinMagazine, FTX lists zero BTC assets on bankruptcy papers despite $1.4 billion of BTC liabilities. Well, as one Twitter user commented, at least they can't dump it on the market!
  
• FTX CEO John Ray confirms the late-night "hack". Says the company is "in contact with, and are coordinating with law enforcement and relevant regulators".
• Meanwhile, multiple sources are reporting that SBF has been detained or placed under house arrest by local police in the Bahamas. Cointelegraph reported earlier that SBF, together with two other former FTX executives and Alameda Research CEO Caroline Ellison, are looking for ways to flee to Dubai, which "doesn't have any extradition treaties"...

[janggernaut]

More recent news is FTT token just pooped from nowhere and those worth $282 million atm https://etherscan.io/tx/0x87fa620c0302047bee0713f1c128dfa59d7fc4a3466f876be18fda3a3f19bf2c
Don't ever try to buy FTT token anymore because you can get stuck on peak or become other exit liquidity. Just stay away from FTT token and their apps (which contained with virus). Don't try to hope you can recover your balance too because, as you can see from this new post by @SBF

[saxydev]

Fuck their defi's and smart lending bullshits, fuck all these financial freedoms done by idiots doing leverage trading with our funds, Quadriga all over again. We are to blame cause this happened. Had a great ammount of money on xmr/perp; bloody ignorants.

[NotATether]

More recent news is FTT token just pooped from nowhere and those worth $282 million atm https://etherscan.io/tx/0x87fa620c0302047bee0713f1c128dfa59d7fc4a3466f876be18fda3a3f19bf2c
Don't ever try to buy FTT token anymore because you can get stuck on peak or become other exit liquidity. Just stay away from FTT token and their apps (which contained with virus). Don't try to hope you can recover your balance too because, as you can see from this new post by @SBF

What the hell is he even trying to say here?