Crypto Staking Platform Freeway Halts All Withdrawals, Triggering 80% Collapse in Native Token

Crypto staking platform Freeway has halted all customer withdrawals, sending its native token plunging over 80% in a matter of hours. Yesterday, Freeway Financial announced they were stopping user withdrawals, citing volatility in the foreign exchange and crypto asset markets.

Timeline of Freeway-token

Freeway, a cryptocurrency investing platform, stopped operating on Sunday, which fueled a sharp drop in the value of its native crypto. Over the last 24 hours, the token's price has fallen by more than 80%, with people on Telegram unsure of the precise circumstances behind the same.

Freeway, a crypto-staking platform that touted up to 43% annual rewards, halted withdrawals and deposits on its platform on October 23, citing market volatility. The post Crypto staking platform Freeway halts withdrawals, FatManTerra alleges Ponzi scheme appeared first on CryptoSlate.

Freeway, a cryptocurrency staking platform, has paused withdrawals citing crypto and forex market volatility. The sudden move of the project is signaling another rug-pull in the crypto space.

Freeway, The yield-generating DeFi platform declares on October 23 that it has stopped offering its services. This is due to “unprecedented volatility in foreign exchange and cryptocurrency markets in recent times.

Decentralized finance (DeFi) platform Freeway has put the anchors on its ecosystem, triggering a massive slump in its native FWT token price. The post FWT Price Dumps 80% as Freeway DeFi Platform Suspends Services appeared first on BeInCrypto.

Freeway, a crypto investment platform, suspended operations on Sunday, which caused a sharp drop in the value of its internal coin. In the last 24 hours, the token's price has fallen by more than 80%, and users on Telegram were unsure of the precise circumstances.

Crypto investment platform Freeway announced a halt to services amid "market volatility." The post Crypto platform Freeway announces services halt, token tumbles appeared first on The Block.