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FTX Japan is working on a plan to return client funds.

FTX Japan is working on a plan to return client funds.

FTX Japan is developing a strategy to reimburse customer money.

After confirming that its customers' assets are not included in FTX's bankruptcy proceedings, the Japanese subsidiary of the now-defunct FTX crypto exchange has released a roadmap for resumed withdrawals. On December 1, the company issued an update, stating that it had been able to confirm that its customers' assets "should not" be included in FTX Japan's estate due to Japanese regulations requiring crypto exchanges to separate client funds from their own assets.



By: Shikha Jha
02-Dec-2022

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