Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds

FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system to allow withdrawals by mid-February. FTX’s Japanese Customers Can Withdraw Funds Soon Two FTX-owned cryptocurrency exchanges in Japan — FTX Japan and … Read more

Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals

According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com were “effectively paused.” Report Claims FTX CEO Said Exchange … Read more