Cryoto Currency

Cointelegraph: Freeway’s withdrawal freeze is due to a “failed” trading strategy

Freeway’s withdrawal stop is attributed to a ‘failed trading strategy’

Freeway, a crypto-staking platform, pointed out that a failed trading strategy and market conditions were the main reasons for users being unable to withdraw earlier this week.

On Oct. 23, the crypto yield platform announced that it was halting various transactions relating to its high-yield “Supercharger” product, citing “unprecedented volatility” at the time, without giving any more details at the time, which saw its token price plummet.