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Pressure from FTX collapse leads to suspension of withdrawals by other exchanges

Shortpedia

Content Team
Image Credit: u.today

Hong Kong-based crypto exchange AAX has suspended withdrawals, citing the "failure of our third-party partner", which caused some users' balance data to be improperly recorded while scheduling a system upgrade. "Limiting our services to prevent further risks, the technical team has had to manually proofread and restore the system to ensure maximum accuracy of all users' holdings," AAX said in an official statement on Sunday.