FTX Japan could resume withdrawals by the end of 2022

Prior to FTX Group filing for bankruptcy in the US for more than 130 affiliated firms, including FTX Japan Holdings, FTX Japan, and FTX Japan Services, Japan’s Financial Services Agency (FSA), requested on Nov. 10 that the exchange freeze business orders.

On Nov. 10 when it suspended operations, FTX Japan had around 19.6 billion yen in cash, or more than $138 million.

[Via]

Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter

Daily.