Due to the bankruptcy of FTX Trading, a major crypto asset exchange business that operates globally, the company's Japanese subsidiary, FTX Japan, said on the 14th that assets entrusted to it by customers are being managed in accordance with laws and regulations. After that, he announced the management status of crypto assets and legal currency.
“FTX Trading” announced on the 11th that approximately 130 group companies, including its own company and a Japanese corporation, filed for bankruptcy under Article 11 of the Federal Bankruptcy Law in the United States courts and filed for bankruptcy.
The total debt is expected to be up to 50 billion dollars, or about 7 trillion yen, and it is expected to be the largest bankruptcy in the crypto asset industry.
In response to this, the Japanese corporation "FTX Japan" announced on the company's website that it manages customer assets in accordance with laws and regulations.
According to the company,
▽ 14 types of crypto assets such as bitcoin are managed by a method called "cold wallet" that is blocked from external networks, and
▽ legal currency dollar and yen are managed separately in Japanese trust accounts. I'm assuming
Regarding the company's asset status, the amount of net assets after deducting liabilities from assets was approximately 10 billion yen as of the end of September, and approximately 19.6 billion yen in cash and deposits as of the 10th of this month. .
Last week, the Kanto Local Finance Bureau took administrative action against "FTX Japan," such as suspending some of its operations for one month, citing that the system necessary to carry out the business was not in place.