The Japanese unit of failed cryptocurrency exchange FTX said on Friday that it will return its customer’s assets starting in February. FTX Japan is developing a system for customers to withdraw assets through the website of Liquid Japan, a crypto exchange it bought this February.
FTX Japan said “We deeply apologize for the great inconvenience caused by the prolonged suspension of services for the withdrawal of legal currency and crypto assets”. FTX filed for US bankruptcy protection in November and founder Sam Bankman-Fried stepped down as CEO after the crypto industry’s biggest blowout sparked calls for tighter regulation.
