Cointime

Download App
iOS & Android

Japanese Crypto Exchange Liquid Global Halts Withdrawals,Owned by FTX

The Japanese exchange lost $90 million in an attack in 2021. Liquid Global, which was bought by crypto exchange FTX earlier this year, said it is halting all withdrawals after FTX filed for Chapter 11 bankruptcy in the U.S.

In a tweet, the company said customers would not be able to take out either fiat or cryptocurrency. FTX, which had extended Liquid a $120 million loan in the wake of the hack before agreeing to buy the exchange outright, didn't disclose how it much paid to purchase Liquid.

FTX
Comments

All Comments

Recommended for you