CDS Crypto News FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023
Crypto News

FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023

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FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023

The company announced that FTX Japan will restart withdrawal services for fiat and crypto assets at 12:00 pm of local time on February 21.

FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023
FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023 1

FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023

The declaration meets a guarantee made in December by the trade, whose resources within the nation were generally ring-fenced beneath Japanese law.

FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023
FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023 2

The company said in a statement: “Due to the large number of requests from customers, it may take some time for the withdrawal process to be completed. We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services. We will announce the resumption of other FTX Japan services as soon as possible.”

FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023 (3)
FTX Japan Customers Will be Able to Withdraw Fiat and Crypto on February 21, 2023 3

The Japanese trade shuttered November 8, a couple days before FTX as a entire applied for bankruptcy in the U.S. The Japanese unit, like FTX Europe, has been reserved for an early deal as the estate attempts to recover funds.

Source

www.coindesk.com

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The author is 28 year old student recently graduated from Celal Bayar University, Faculty of Medicine. Currently he works as a writer and translator for different platforms.

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