FTX Japan: A plan to resume withdrawals has been confirmed, and the engineering team has started development work

ChainCatcher news, FTX Japan announced that it has determined a plan to resume withdrawals, which has been approved by the new management team, and the engineering team has initiated the development work for the plan. FTX Japan stated that customer deposits on FTX Japan are not part of the assets subject to bankruptcy liquidation.
In addition, FTX Japan also stated that for the assets deposited by customers, fiat currency is held in a trust account at SBI Clearing Trust Co., Ltd., while cryptocurrency will be stored in a cold wallet managed by the operations team. Regular reports on the management of customer assets will be provided in the future. (source link)