FTX panic spreads to other crypto platforms ...News

Gemini is reportedly facing a liquidity crunch as clients demand their money after FTX filed for bankruptcy The fallout from the rapid collapse of the FTX cryptocurrency exchange could result in more companies in the industry facing severe liquidity issues, with the Winklevoss brothers-owned Gemini suffering a rush in withdrawals. According to data by blockchain analytics platform Nansen, in the past seven days, Gemini has registered $682 million in net outflows. In the past 24 hours, it saw $485 million in outflows, suggesting most of the withdrawals occurred on Wednesday. The company, which was founded by Camero

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