Japanese subsidiary of bankrupt cryptocurrency exchange FTXis preparing to restart withdrawals by the end of the year.
According to a report from a local news agency, FTX’s Japanese subsidiary will process withdrawals by the end of the year. reactivate working for About users in FTX’s Japan subsidiary 138 million dollars has a deposit.
A source speaking to the agency said that FTX Japan is currently working with the parent company whose payments are suspended. same payment system withdrawals will remain closed for a while due to the use of An alternative system is being prepared told.
Japan’s financial regulator Financial Services Agency (FSA) As a precaution against the sudden drop in FTX on November 10, to the company, ordered to suspend operations..
On the other hand, another subsidiary of FTX in Japan, Liquid, November 12 stopped withdrawals on 20 November announced that it has suspended all commercial activities as of