FTX Contagion’s Next Victim: A Japanese Exchange

FTX-owned Japanese exchange Liquid Global will halt all withdrawals including both fiat and cryptocurrencies. Withdrawals were suspended so that the company could be in compliance with requirements of voluntary Chapter 11 proceedings in the United States, according to a tweet by the company.  “This is not a security related halt,” the exchange tweeted.  Adding, “Until further notice we would suggest to not deposit either FIAT or Crypto.” Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States. Until further notice we would suggest to not deposit