Can FTX return crypto to

local clients ?

November 14, 2022

FTX Japan is studying whether

FTX's bankruptcy

filing could affect its ability to return cryptocurrencies to local customers.

As per the report,

FTX Japan K.K . is discussing the impact of the bankruptcy of its parent company with a lawyer.

In addition, also plans to make an announcement once the

situation becomes clearer.

Recently

Japanese government

ordered FTX Japan K.K. to halt business operations for one month.

Collapse

of FTX has shocked the crypto market and raised questions about the adequacy of existing cryptocurrency regulations.

Earlier today, FTX Japan announced

Liquid by FTX customer support

to accept inquiries until the service is restored.

At the press time,

FTT token price

plunges from a high of $22 to $1.51.