Crypto investment platform Yield App has abruptly ceased all operations due to portfolio losses linked to the collapsed cryptocurrency exchange FTX. The Seychelles-based firm's assets were held in custody on FTX by third-party hedge fund managers, who are now facing ongoing litigation. Despite previous assurances from Yield App CEO Tim Frost that the company had "no significant exposure to FTX," the firm has now suspended all community channels, leaving only a support channel open via its official website. The ongoing saga adds to the confusion and uncertainty surrounding the FTX bankruptcy proceedings.