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SoFi Says Crypto Vendor Issue Slows Customer Transfers

Incoming crypto transfers are awaiting review, while outgoing transfers will be processed after review. SoFi said customer funds are secure.

A smartphone waits behind a closed metal pass-through hatch / TokenPost.ai (mono)
A smartphone waits behind a closed metal pass-through hatch / TokenPost.ai (mono)

SoFi said an issue with its crypto service provider is slowing customer cryptocurrency transfers, with incoming transfers awaiting review and outgoing transfers to be processed after review.

The company also said customer funds are secure.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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