• FTX Japan, the Japanese division of the bankrupt crypto exchange, plans to re-enable customers‘ withdrawals in mid-February next year.
• The exchange is working with Liquid, a Japanese platform acquired by FTX this year to aid its Asian expansion, to facilitate the refund process to users.
• FTX Japan has pledged to build a new system different from the one used by its parent company to enable customers to access their funds on the platform.
FTX Japan, the Japanese division of the bankrupt crypto exchange, recently announced plans to resume withdrawals in mid-February next year. The exchange had suspended withdrawals last month due to the bankruptcy filing of its parent company.
FTX Japan is currently working with Liquid, a Japanese platform acquired by FTX this year to aid its Asian expansion, to facilitate the refund process to users. The exchange has also pledged to build a new system different from the one used by its parent company to enable customers to access their funds on the platform.
The new system will be designed to ensure that customers can withdraw their funds safely and securely. FTX Japan has also promised to ensure that customers‘ funds are safe and secure. To that end, the exchange is taking a number of measures to protect its customers‘ funds, including improving its existing AML/KYC process, implementing a two-factor authentication system, and enhancing its security measures.
Furthermore, the exchange has also promised to provide customers with a clear explanation of the refund process and to ensure a smooth transition to the new system. Additionally, FTX Japan is also providing customers with a dedicated customer service team to help them with any queries they may have.
FTX Japan has been working hard to ensure that its customers have a seamless and secure experience on the platform. The exchange is confident that its efforts will result in a positive outcome and that customers will be able to access their funds safely and securely.
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