FTX Japan Ordered by Regulator to Suspend Operations Following Withdrawal Halt

In its order, the FSA cites the fact that FTX Japan halted withdrawals for customers in the country without specifying a date for reinstatement and without stopping the onboarding of new customers to the platform. CoinDesk was told early Thursday by a source that FTX Japan had indeed halted withdrawals. Under the circumstances, the regulator said it is uncertain about FTX Japan’s health.