Timeline of FTX withdrawal ban:
 
FTX Withdrawal Timeline Before and During Collapse

1. November 6, 2022
• Binance CEO CZ announced that Binance would liquidate its FTT holdings, triggering panic.
• FTX users started mass withdrawing funds from the platform.

2. November 7, 2022
• FTX saw over $6 billion in withdrawals within 72 hours.
• Delays started appearing.

3. November 8, 2022
• FTX officially paused withdrawals for most users.

4. November 10-11, 2022
• FTX filed for bankruptcy (Chapter 11) on November 11.
• All withdrawals were completely halted.
 
How Long Did Withdrawals Work?
• From November 6 to November 8 (~2-3 days), some users were still able to withdraw.

In 2~3 days you will tide over this FUD on Bybit. Everyone wants to regulate and tax the industry, but no one is coming to bail the industry out. Standing together as an industry is the most important thing now 🙏