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Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by mh0pe on Tuesday November 08, 2022 @12:40PM (#33521789)
Moving from hot to cold wallets in an environment with redundancy, multiple partial keyholders, and offsite storage could easily take days to weeks and require scheduling access to the physical vault holding the cold storage. You're conflating hot and warm storage - warm can replenish hot but cold requires physical access to somewhere ideally unrelated to where day-to-day operations run.

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