Sources: FTX Japan confirms plans to restart, maintaining operations to maximize trading value

ChainCatcher news, Twitter user @AFTXcreditor, claiming to be an FTX creditor, quoted disclosure documents on Twitter indicating that FTX confirmed plans to restart its Japanese exchange. Although there are investors interested in bidding for the company, the sale plan has been suspended to maximize value. FTX Japan also proposed a core employee incentive plan called "Licensing and Restart Award."

According to the screenshot of the document: "The potential sale process of FTX Japan has been postponed to allow the exchange to restart operations upon obtaining regulatory approval, which will maximize the value of the transaction. As of the date of this agreement, a considerable number of investors have expressed interest in acquiring the company. Meanwhile, the debtor is considering a potential restructuring, which will require the company to continue operating efficiently and profitably. The key to a successful restructuring or transaction is for the company to maintain its licenses as a cryptocurrency exchange service provider and a first-class financial instrument business operator, as there are few operators in Japan that hold both licenses." (source link)