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Foreign media: FTX's terms of service explicitly prohibit the use of customer funds for trading

2022-11-13 18:34:17
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ChainCatcher news, according to Axios, the terms of service of FTX.com clearly state that the use of customer funds for trading is prohibited. According to Section 8.2 of the FTX terms of service: "You control the digital assets held in your account, and your ownership of digital assets shall always remain yours and shall not be transferred to FTX Trading. Any digital assets in your account are not the property of FTX Trading and shall not be or may not be lent to FTX Trading; FTX Trading does not represent, nor shall it treat the digital assets in user accounts as belonging to FTX Trading." (source link)

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