Japan's First Unban! FTX Japan Resumes Withdrawals, User Withdrawals Available from 12:00 PM on 2/21
FTX Japan, due to the regulatory requirements in Japan for asset segregation and fiat custody upon establishment, has been spared from the clutches of SBF, ensuring that user funds are fully preserved. Following the collapse of FTX, FTX Japan has promptly frozen all funds and committed to returning them to users as soon as possible.
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Due to the regulatory requirements in Japan for asset segregation and fiat custody upon establishment, FTX Japan was spared from the clutches of SBF, ensuring the preservation of user funds. Following the collapse of FTX, FTX Japan promptly froze all funds and pledged to return them to users as soon as possible.
On the 20th, FTX Japan announced that withdrawals and deposits of fiat and cryptocurrency would be available at noon GMT+9 on February 21st, Japan time. FTX Japan users are required to transfer their funds to Liquid Japan after confirming their balances. Those without a Liquid Japan account will need to apply for one before transferring.
Updates on FTX Japan
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