Japanese Bitcoin-Birzha Liquid suspended the withdrawal of funds

Liquid, Japanese Bitcoin-Birzha Bitcoin-Birzha, has suspended the withdrawal of funds in cryptoactives and fiat currencies.

Fiat and Crypto withdrawals have been Suspended on Liquid Global in Complice with the Requirements of Voluntary Chapter 11 Procedings in the United States.

Until Further Notice We Wood Suggest to Not Deposit Either Fiat or Crypto

We Will Provide Updates When Avalable.

– Liquid Global Official (@liquid_global) November 15, 2022

“Before further notification, we recommend not to make deposits in fiat or cryptocurrencies,” the report said.

The exchange team explained that the solution is related to the submission of FTX Group Application Application in accordance with Chapter 11 of the US Code of Bankruptcy. Liquid promised to publish additional information as it appeared.

In February, FTX absorbed the Japanese crypto -streaks and related structures. The transaction circuit includes Singapore Quoine Corporation and Quoine Pte. The QUOine platform working under the Liquid brand was among the first recipients of FSA licenses in 2017.

In the summer, Sam Bankman-Frida announced the launch of the local branch by renaming Liquid to FTX Japan K.K.

In November, FSA ordered the local branch to suspend the operations and go to the CLOSE-ONLY mode .

Recall that Bankman-Fried in an interview with New York Times expressed regrets about the FTX collapse and admitted that events could develop in a more dramatic way.

Read the FORKLOG Bitcoin News in our Telegram-cryptocurrency news, courses and analytics.

https://gagarin.news/news/crypto-com-is-now-registered-as-a-uk-cryptoasset-provider/