FTX Japan Plans To Restart Withdrawals | CoinMarketCap
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Hope FTX US follows soon
You’d have to be insane to reinvest in FTX
Doubt they’d ever get deposits again tbh
Good lads. Just like they cleaned up the mess in the stadiums, they’ll clean up the mess in their financial markets..
At least some customers are getting something back
Good for them, but they need to rebrand pronto if they want to keep going, the FTX name is cancer.
It will be drained for minutes
Before you think this is good, I’d like to inform you that FTX Japan doesn’t plan on giving back the customers’ lost funds (yet?).
tldr; FTX Japan has announced plans to restart withdrawals in “short order” to avoid bankruptcy. The Japanese derivatives exchange was already heavily regulated by Japan’s Financial Services Agency when FTX acquired it in February. The FSA had ordered it to stop accepting deposits and freeze all withdrawals on Nov. 10.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
FTX japan is fine
Anyone see the interview where he said FTX.US was fully solvent and could start withdrawals if they wanted to?
My understanding the money is gone, all of it and that’s a blatant lie but ????♂️
I don’t think that will end well.