{"id":45890,"date":"2023-02-26T14:54:51","date_gmt":"2023-02-26T18:54:51","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=45890"},"modified":"2023-02-26T14:54:55","modified_gmt":"2023-02-26T18:54:55","slug":"ftx-japan-permits-full-fund-withdrawals","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ftx-japan-permits-full-fund-withdrawals\/","title":{"rendered":"FTX Japan Permits Full Fund Withdrawals"},"content":{"rendered":"\n<p>Users of<a href=\"https:\/\/coinscreed.com\/staging\/ftx-japan-drafts-plan-to-return-client-funds.html\" target=\"_blank\" rel=\"noreferrer noopener\"> FTX Japan have begun withdrawing <\/a>all of their monies as the litigation between FTX and SBF waits patiently for a resolution.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-1024x576.jpg\" alt=\"\" class=\"wp-image-45892\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-1024x576.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-768x432.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-150x84.jpg 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-750x422.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970-1140x641.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>As<a href=\"https:\/\/coinscreed.com\/staging\/binance-founder-changpeng-zhao-says-us-crypto-exchange-will-go-public-in-three-years.html\" target=\"_blank\" rel=\"noreferrer noopener\"> Changpeng Zhao, the CEO of Binance<\/a>, indicated the cryptocurrency exchange would liquidate its sizeable holdings of FTX Token (FTT $1.51), the crypto platform delayed fund withdrawals on November 7, 2022. On November 15, 2022, the domino effect compelled Liquid Group, a Japanese cryptocurrency trading platform controlled by FTX since February 2022, to cease withdrawals.<\/p>\n\n\n\n<p>To the relief of some investors, FTX Japan resumed withdrawals on February 21. This involved transferring money from the shut-down exchange to an account with Liquid Japan. Days later, <a href=\"https:\/\/www.google.com\/search?q=FTX+Japan+permits+full+fund+withdrawals&client=opera&ei=G6X7Y8WPC7uHxc8P7Yub8A8&ved=0ahUKEwiFicjg6LP9AhW7Q_EDHe3FBv4Q4dUDCA4&uact=5&oq=FTX+Japan+permits+full+fund+withdrawals&gs_lcp=Cgxnd3Mtd2l6LXNlcnAQAzIFCAAQogQyBQgAEKIEMgUIABCiBDoNCC4QjwEQ6gIQtAIYAToNCAAQjwEQ6gIQtAIYAUoECEEYAFCWCFiWCGC_CmgCcAB4AIABlwKIAZcCkgEDMi0xmAEAoAEBoAECsAEKwAEB2gEECAEYCg&sclient=gws-wiz-serp\" target=\"_blank\" rel=\"noreferrer noopener\">Hibiki Trader, a well-known cryptocurrency trader from Japan<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>, confirmed that they had successfully withdrawn all of their funds.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"ja\" dir=\"ltr\">\u5168\u3066\u51fa\u91d1\u5b8c\u4e86\uff01<br><br>\u6700\u521d\u306f\u6b63\u76f4\u8ae6\u3081\u3066\u3044\u305f\u3068\u8a00\u3048\u3070\u8ae6\u3081\u3066\u3044\u305f\u6c17\u6301\u3061\u3082\u3042\u3063\u305f<br>FTXJP\u306e\u4e2d\u306e\u65b9\u3005\u3082\u672c\u5f53\u306b\u5bdd\u8033\u306b\u6c34\u3060\u3063\u305f\u90e8\u5206\u3092\u77e5\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u5c3d\u529b\u306b\u306f\u611f\u8b1d\u7533\u3057\u4e0a\u3052\u305f\u3044\u3002<br>\u307e\u3060\u51fa\u91d1\u3055\u308c\u306a\u3044\u65b9\u3082\u8f9b\u62b1\u5f37\u304f\u9811\u5f35\u3063\u3066\u307b\u3057\u3044 <a href=\"https:\/\/t.co\/34v7MFznLC\" target=\"_blank\">pic.twitter.com\/34v7MFznLC<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>&mdash; Hibiki\uff20Trader (@Whiskey_bonbon_) <a href=\"https:\/\/twitter.com\/Whiskey_bonbon_\/status\/1629334787965202432?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 25, 2023<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p>This tweet's rough translation is as follows:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAll 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, as they know the part that was really overlooked.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>FTX Japan reported that consumers withdrew nearly 6.6 billion yen ($50 million) a day after commencing fund withdrawals. Several people have yet to see their money completely repaid, while one member of the community congratulated them on their escape. <\/p>\n\n\n\n<p>Due to the enormous number of consumers who were affected by the <a href=\"https:\/\/coinscreed.com\/staging\/crypto-com-lays-off-20-of-workforce-after-ftx-collapse.html\" target=\"_blank\" rel=\"noreferrer noopener\">FTX collapse<\/a>, delays in the refund process are anticipated. Many members of the community have attested to the fact that all of their money has been distributed. <\/p>\n\n\n\n<p>The remainder of the world's FTX investors, who are observing, are still optimistic about a similar result. A federal judge ordered the unsealing of a superseding indictment including 12 criminal counts after the accusations against SBF.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">A new superseding indictment against FTX cryptocurrency exchange founder Sam Bankman-Fried containing 12 charges was unsealed in Manhattan federal court <a href=\"https:\/\/t.co\/MKmmgW7W01\" target=\"_blank\">https:\/\/t.co\/MKmmgW7W01<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> <a href=\"https:\/\/t.co\/r9JVKNljDt\" target=\"_blank\">pic.twitter.com\/r9JVKNljDt<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>&mdash; Reuters Legal (@ReutersLegal) <a href=\"https:\/\/twitter.com\/ReutersLegal\/status\/1628769146543415297?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 23, 2023<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p>According to reports, Bankman-Fried was charged by U.S. Attorney Damian Williams with four counts each of wire fraud and securities fraud in addition to eight charges of fraud conspiracy.While FTX's bankruptcy case is still pending, the criminal trial for SBF is scheduled to start in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Users of FTX Japan have begun withdrawing all of their monies as the litigation between FTX and SBF waits patiently for a resolution. As Changpeng Zhao, the CEO of Binance, indicated the cryptocurrency exchange would liquidate its sizeable holdings of FTX Token (FTT $1.51), the crypto platform delayed fund withdrawals on November 7, 2022. On [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":45892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[778,883,10731],"class_list":["post-45890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-ftx","tag-japan","tag-sbf"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1677434359970.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/45890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=45890"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/45890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/45892"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=45890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=45890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=45890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}