Japanese exchange Liquid, owned by FTX, hopes to return clients’ assets next year.

Liquid, a Japanese crypto exchange owned by FTX, hasannouncePlans to begin the process of returning customer assets in 2023.

According to a statement dated Dec. 29, the exchange is preparing to return assets from both FTX Japan and Liquid Japan clients and is producing a January 2023 report that will provide more details.

“For the assets that our clients entrust to us at FTX Japan and Liquid Japan, we are working on developing a system to enable withdrawal processing.”

According to Liquid, the system is intended to allow users who do not have access to FTX to be able to check their FTX Japan balance from the Liquid Japan web page and make withdrawals from there. normally

On Nov. 15, Liquid stopped all withdrawals after parent company FTX suffered liquidity problems. It soon suspended all trading on the platform following instructions from FTX Trading due to FTX’s Chapter 11 bankruptcy filing.

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