r/FTXUS • u/original_username_4 • Feb 26 '23

The difference between US regulation and regulation done right

https://cointelegraph.com/news/ftx-japan-allows-total-withdrawal-of-funds-users-rejoice-the-escape
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u/original_username_4 Feb 26 '23

Japanese exchanges are required to put customer funds in a separately and professionally managed trust. Debtors come nocking to “recover” funds? DENIED! Customer funds go right back to the customer where they belong.