Cryptocurrencies

FTX's Japan unit poised for sale as bankruptcy process begins

Japanese assets were put under protection when crypto group collapsed

20221120N FTX

FTX Trading and more than 100 affiliated companies have filed for Chapter 11 bankruptcy in the U.S. © Reuters

HIROFUMI TAKEUCHI, KEITA SEKIGUCHI and JUN TAMAKI, Nikkei staff writers
November 21, 2022 06:47 JST

NEW YORK/TOKYO -- FTX Japan, part of collapsed cryptocurrency group FTX, is expected to be sold off in a bankruptcy process spanning the globe.

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