Freeway’s withdrawal halt blamed on ‘failed’ trading strategy By Cointelegraph

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Freeway’s withdrawal halt blamed on ‘failed’ trading strategy

Crypto staking platform Freeway pointed at the failure of one of its trading strategies, along with market conditions as the leading reason for halting user withdrawals earlier this week.

The crypto yield platform on Oct. 23 announced 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.