{"id":70348,"date":"2022-11-21T09:58:16","date_gmt":"2022-11-21T07:58:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70348"},"modified":"2025-09-08T01:33:54","modified_gmt":"2025-09-07T22:33:54","slug":"liquid-halts-trading-on-japanese-bitcoin-exchange","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/liquid-halts-trading-on-japanese-bitcoin-exchange\/","title":{"rendered":"Liquid halts trading on Japanese bitcoin exchange"},"content":{"rendered":"<p>The Japanese bitcoin exchange Liquid, owned by FTX, halted trading operations five days after withdrawals were paused.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We have since done so while we assess the situation. We are working through these issues and will endeavour to give a fuller update in due course.<\/p>\n<p>\u2014 Liquid Global Official (@Liquid_Global) <a href=\"https:\/\/twitter.com\/Liquid_Global\/status\/1594313077700591620?ref_src=twsrc%5Etfw\">November 20, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The statement said that S&#038;C, acting on behalf of FTX Trading [law firm], instructed us to halt all trading on the exchange due to Chapter 11 proceedings in the Delaware court.<\/p>\n<\/blockquote>\n<p>The team behind the platform said they were assessing the situation and promised to provide a fuller update later.<\/p>\n<p>On November 16, Liquid <a href=\"https:\/\/forklog.com\/en\/news\/japanese-bitcoin-exchange-liquid-suspends-withdrawals\">stopped withdrawals<\/a> after <a href=\"https:\/\/forklog.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX Group filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code<\/a>.<\/p>\n<p>In February, FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-agrees-to-acquire-liquid-the-bitcoin-exchange\">acquired<\/a> the Japanese cryptocurrency exchange and related entities. In the summer, Sam Bankman-Fried&#8217;s company <a href=\"https:\/\/forklog.com\/en\/news\/ftx-opens-japan-unit-as-crypto-com-secures-dubai-license\">announced<\/a> the launch of a local subsidiary, rebranding Liquid as FTX Japan K.K.<\/p>\n<p>In November, the Financial Services Agency of Japan ordered the platform <a href=\"https:\/\/forklog.com\/en\/news\/japan-regulator-orders-local-ftx-unit-to-suspend-operations\">to suspend operations<\/a> and switch to close-only mode.<\/p>\n<p>As noted, the new CEO of FTX, John Ray, <a href=\"https:\/\/forklog.com\/en\/news\/ftx-ceo-accuses-former-leadership-of-favouring-alameda-research\">blamed<\/a> the former leadership of the crypto exchange for providing preferential treatment to Alameda Research affiliated with Bankman-Fried.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese bitcoin exchange Liquid, owned by FTX, halted trading five days after withdrawals were paused.<\/p>\n","protected":false},"author":1,"featured_media":70349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1236,135,888],"class_list":["post-70348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ftx","tag-japan","tag-liquid"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=70348"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70348\/revisions"}],"predecessor-version":[{"id":70350,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70348\/revisions\/70350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/70349"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=70348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=70348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=70348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}