FTX Japan will resume withdrawal services for fiat and crypto assets on Feb. 21, the business announced in a Monday release.
The statement matches the exchange’s promise in December, of which the assets in the nation were essentially ring-fenced under Japanese law.
“Due to a large number of requests from customers, it may take some time for the withdrawal process to be completed.” the business stated in a statement. “We will announce the resumption of other FTX Japan services as soon as possible.”
The Japanese exchange stopped on Nov. 8, a few days before FTX filed for bankruptcy in the U.S. Together with FTX Europe, the Japanese company has been designated for an early sale as the estate strives to recuperate assets.
