- Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility”.
- The company insists that the “trading strategy was executed as it was programmed, but the market volatility caused a spike in margin utilisation leading to the loss”.
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
