While FTX customers across the world patiently await Sam Bankman-Fried’s (SBF) legal conclusion in hopes of getting back their investments, users of FTX Japan have started withdrawing all of their funds.
On Nov. 7, 2022, crypto exchange FTX and its subsidiaries halted all funds withdrawal after SBF was accused of misappropriating users’ funds. The domino effect forced Liquid Group — a Japanese crypto trading platform owned by FTX since February 2022 — to halt withdrawals on Nov. 15, 2022.
However, to some investors’ delight, FTX Japan resumed withdraws on Feb. 21 — which involved moving funds from the defunct exchange to a Liquid Japan account. Days later, a popular crypto trader from Japan @Whiskey_bonbon_ confirmed to have successfully withdrawn all of their funds.
全て出金完了!
最初は正直諦めていたと言えば諦めていた気持ちもあった
FTXJPの中の方々も本当に寝耳に水だった部分を知っているので、尽力には感謝申し上げたい。
まだ出金されない方も辛抱強く頑張ってほしい pic.twitter.com/34v7MFznLC— Hibiki@Trader (@Whiskey_bonbon_) February 25, 2023
A rough translation of the above tweet reads:
“All payments completed! To be honest, at first, I felt like I had given up. I would like to express my gratitude to the people in FTXJP for their efforts,…