FTX Suspends Customer Signups After Widespread Criticism
The crypto exchange is facing an acute liquidity crisis.
Updated May 9, 2023 at 4:02 a.m. UTC
![Photo of FTX website (Rob Mitchell/CoinDesk)](https://www.coindesk.com/resizer/V3GUE1BFEm0DkJm1SbRJ0d6E7bc=/567x425/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JQ7LB7AGKJDMNCVWPXBM3Y2FVY.jpg)
Crypto exchange FTX has suspended new users from signing up on its trading platform following widespread criticism that it was allowing onboarding despite facing liquidity troubles.
- "All onboarding of new clients has been suspended until further notice," a message on the FTX website reads. Withdrawals remain paused.