Customers of FTX Japan will be the first to recover their funds

By ZeroRequiem | Zero Ex | 30 Dec 2022


Hey Peeps!

 

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Recently, I wrote about FTX finding almost $2 billion in lost crypto/money, and now FTX is already releasing a schedule to allow some customers to withdraw their funds.

This is a string of good and optimistic news for FTX, even if it is just for the customers of Japan. 

We can only hope it continues and customers are first in line to recover their funds. 

 

In this blog post by Liquid Japan, a local Japanese crypto exchange previously purchased by FTX, they announced that customers of FTX Japan will be able to withdraw their funds in February. 

So far the process as we know it is that customers will first be directed to set up an account with Liquid Japan in January, then withdrawals will be made available for these customers sometime during February.

 

"Return of assets is for customers with accounts with FTX Japan and Liquid Japan, and eligible customers will be emailed to you in mid-January to open a Liquid account. In order to open an account, we may need to confirm our identity, in which case we will inform you individually. Please note that the progress of external security audits may change the timeline schedule above." - Notices from Liquid by FTX

 

No other confirmation or information was shared, but this is still promising. 

I am sure we will get more updates and information as we get closer to February. 

 

Do you think this is a good sign for other FTX customers?

 

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:)

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ZeroRequiem
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Writer ✍️ Crypto • Finance • Gaming • Politics 🟢 Follow me: https://linktr.ee/zerorequiem0x


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