In response to the issue of the bankruptcy of FTX Trading, a major crypto asset exchange business, an executive of FTX Japan, a Japanese subsidiary, responded to an interview, aiming for the end of the year regarding the assets of Japanese customers whose withdrawals are currently suspended. It has been revealed that preparations are underway to resume withdrawals.
“FTX Trading” has filed for bankruptcy with approximately 130 group companies, including its own company and its Japanese subsidiary, in the US courts under Article 11 of the Federal Bankruptcy Law. is unable to withdraw assets.
Under these circumstances, executives of the Japanese corporation responded to NHK's coverage.
In this, it is explained that the reason why withdrawals cannot be made is because it is the same system as the parent company, which is currently suspended.
For this reason, as a Japanese corporation, we are developing our own system so that customers can withdraw their assets.
After that, he clarified that he is preparing for the time when withdrawals will be possible, aiming for the end of the year.
The Japanese corporation claims to have approximately 19.6 billion yen in cash and deposits as of the 10th of this month, and has not confirmed any outflow of customer assets overseas.
The parent company announced on the 19th that it has begun the sale of some businesses, and the Japanese subsidiary is also expected to be considered for sale. .