eToro limits $FTT trading to “Close Only”
Online broker eToro announces that activity on $FTT has been limited to “Close Only” due to the FTX Chapter 11 filing.
“Close Only” means that no new positions can be opened, however it will still be possible to manage existing positions.
Let’s note that crypto exchange Binance will remove several FTT pairs from its offering of trading instruments, effective November 15, 2022.
FTX US and a number of its subsidiaries filed for Chapter 11 bankruptcy in Delaware on November 11, 2022. John J. Ray IlI has been appointed Chief Executive Officer of the FTX Group. Sam Bankman-Fried has resigned his role as Chief Executive Officer.