• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities

FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities

Sarah
by Sarah
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The FTX insolvency case has placed the crypto exchange in shambles, leading to the Chapter 11 bankruptcy filing. While the proceedings remain on course, customers whose assets are stuck on the platform are seeking ways to recover them.

Given the proceedings, FTX has directed its subsidiary, Liquid Exchange, to suspend all trading activities. Liquid is a Tokyo-based cryptocurrency-fiat exchange platform founded in 2014.

Related Reading: Bitcoin Decline May Soon Be Over As BTC Is Seen Hitting $250,000 In 1st Half 2023

The firm made the announcement via its web page and Twitter handle. The report stated that S&C, who acted for FTX, instructed to pause all forms of trading on its platform. This is part of the action because of the FTX Chapter 11 bankruptcy process in the Delaware Court.

Liquid further said they have carried out the instruction while assessing the situation. However, the exchange promised to give a full update in due course. This action follows after the crypto exchange suspended all withdrawals on its platform five days ago.

The exchange cited the reason for the withdrawal’s suspension as compliance with the voluntary Chapter 11 bankruptcy proceedings requirement.

Other FTX Crypto Exchange Subsidiaries Affected By Bankruptcy Process

Meanwhile, the Financial Services Agency of Japan asked FTX Japan, another subsidiary of FTX, to suspend business operations on November 10. The agency cited the withdrawal suspension by FTX Trading Limited without clear explanations as the reason for its administrative action against the crypto firm.

Liquid exchange is not the only subsidiary affected by the ongoing FTX bankruptcy proceedings. Over 100 FTX subsidiaries, including Sam Bankman-Fried’s Alameda Research, joined in the bankruptcy filing.

Meanwhile, Voyager Digital is looking for another buyer after the now-bankrupt FTX acquired its assets in September. Crypto exchange CrossTower is working on a revised takeover offer for Voyager’s holdings after the firm resumed bidding.

Related Reading: Solana NFT Protocol Metaplex Undergoes Company-Wide Layoffs After FTX Disaster

LedgerX, which operates under the name FTX US Derivatives, including some other subsidiaries, are trying to pull out of FTX. However, a strategic view of FTX’s global assets shows that LedgerX is not included as a debtor in the bankruptcy filing.

According to Perella Weinberg’s financial review, many licensed FTX subsidiaries have responsible management, valuable franchises and solvent balance sheets.

However, some subsidiaries like FTX Japan, Quoine, FTX Turkey Teknoloji Ve Ticaret, FTX EU, FTX Exchange FZE, and Zubr Exchange are debtors.

Ripple CEO Indicates Interest In FTX Acquisition

Meanwhile, reports revealed that Ripple’s CEO Brad Garlinghouse had indicated an interest in buying FTX. The CEO made shocking revelations at Ripple’s Swell conference in London.

FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities

He told Sunday Times that Sam Bankman -Fried (SBF) called him two days before the bankruptcy filing while seeking funds to rescue FTX.

FTX Crypto Exchange Backed Liquid Exchange Suspends Trading Activities
XRP plunges on the daily candle l XRPUSDT on Tradingview.com

Garlinghouse revealed that he and SBF discussed the possibility of Ripple acquiring some FTX-owned businesses. However, the CEO further disclosed that a transaction to buy FTX, with its bankruptcy proceeding, is more complicated than it would have been with just SBF.

Featured image from Pixabay, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Sarah

Sarah

Follow

Sarah is a journalist who continues to share her passion for writing through her writing in DeFi, FinTech, and Cybersecurity.

Full Profile

Related Posts

crypto

Clock Ticking: Senators, Crypto Bigwigs Race To Shape US Market Rules

11 minutes ago
Crypto Exchange WazirX

WazirX Reopens: Check The Date For When Crypto Withdrawals, Trading Start

1 hour ago
ai-tracks-crypto-flows-top-3-altcoins-new-100x-token-driver-tw

AI模型捕捉加密市場資金流向:3個領漲山寨幣走勢和1個新周期百倍幣推手

3 hours ago
live-news-bnb-robinhood-listing-october-24-2025-tw

BNB即時新聞:Robinhood 上架動態更新(10月24日)

3 hours ago
Nowa promocja giełdy kryptowalut WEEX: bonus nawet do 30 000 USD

Nowa promocja giełdy kryptowalut WEEX: bonus nawet do 30 000 USD

6 hours ago
Solana Price Prediction, a ChatGPT Analysis: Why AI Recommends Snorter Token as Best Altcoin

Solana Price Prediction, a ChatGPT Analysis: Why AI Recommends Snorter Token as Best Altcoin

14 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    2 days ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    2 days ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    2 days ago
  • 挖 1 枚比特幣耗電可供 61...

    2 days ago
  • KCEX стартира бонус за търговия от...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.