BitFlyer acquires FTX Japan, intends to revamp exchange into crypto custodial firm
BitFlyer said it will reboot FTX Japan as a digital asset custodial firm targeted at institutional investors

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
The creditors argued that FTX's cash repayment would force a taxable event that could be avoided by in-kind repayment.
The former FTX DM co-CEO previously reached a plea deal in September.
The examiner emphasized the necessity of three primary investigations to further clarify the circumstances surrounding FTX Group's downfall.
FTX's new bankruptcy plan offers full recovery plus interest for non-governmental creditors while facing criticism over asset valuation and settlement terms.
Pantera Capital's Solana bet is proving profitable as the firm attributed its Liquid Token fund growth to the digital asset.
FTX's management previous discounted sales of the Solana tokens had attracted criticisms from creditors.