FTX Japan will start paying customers in February
FTX Japan has sent out notices to its customers that they will be able to confirm their bank accounts and transfer funds to Liquid's payment platform on the company's platform. This will be a preliminary action to withdraw funds.
"We are confident that we will be able to launch withdrawals this month and we will try to do it as quickly as possible. Sometimes we work 7 days a week and stay late into the night to make withdrawals transparent, honest and accurate," said FTX Japan COO Seth Melamed.
FTX Japan began beta testing the refund process in early February to streamline it and make it easier for its 35,000 users. Full-fledged deposit withdrawals will begin once the company has sufficient data on balance rollovers and the process is approved by regulators.
Recall that the exchange FTX owned more than 130 units and affiliates around the world. In January, a U.S. court approved the sale of four companies, including FTX Japan. It is possible that the Japanese exchange will be bought by broker Monex.
