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XRP Withdrawals at FTX Japan Restored

The Japanese branch of the infamous FTX exchange announced that it has resolved problems with user withdrawals of Bitcoin (BTC) and XRP. The exchange had earlier reported security and risk control issues for users making withdrawals, promising to resume procedures once all security checks had been carried out.

According to FTX Japan itself, its users currently hold 71.8 million XRP and nearly 4,000 BTC in their balances. The crypto exchange has net assets of around $76 million and cash and deposits estimated at $135 million.

(By Gamza Khanzadaev)

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