FTX US, the U.S. subsidiary of FTX, responded in an interview that while FTX will be sold to Binance, FTX US is a separate entity with separate management personnel, tech infrastructure, and licensing. On FTX US withdrawals are and have been live, assets are fully backed 1:1, and the exchange continues to operate normally.
FTX
Exchanges
Binance
Event
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Bitget announces token merger, BGB price increases amid market-wide declines Major Japanese trading platform Coincheck becomes second crypto exchange to go public on Nasdaq Mt. Gox moves $2.4 billion in bitcoin to unknown address during currency’s climb to $100,000 milestone Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined 
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