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LIQUIDG.FI
id: 544

Liquid.com Case

ANY INVESTOR who was damaged by Liquid's Actions can JOIN CASE!
On November 20, 2022, Liquid crypto exchange has suspended all trading operations on its platform in line with instructions from FTX Trading.

As stated by the Crypto Exchange on its webpage: "we have also been instructed by S&C, who act for FTX Trading, to pause all forms of trading on our exchange because of the operation of the Chapter 11 process in the Delaware Courts."

Earlier on November 15, 2022, Liquid suspended all withdrawals on its platform, citing compliance with the requirements of voluntary Chapter 11 proceedings.

FTXTrading acquired Liquid Group in early 2022.
  • Liquid Group and all of its operating subsidiaries including Quoine Corporation (Cryptocurrency Exchange Business Kanto Finance Bureau Director No. 00002) and Quoine Pte. in Singapore were acquired by FTX Trading Ltd.
  • Quoine is a wholly-owned subsidiary of Liquid and a licensed Japanese crypto-asset exchange and Type I Financial Instruments Business licensee.
  • FTX has also entered into an agreement with Liquid to provide its existing Japanese users with services in compliance with Japanese laws and transfer its existing Japanese users to Quoine, with effect from 30 March 2022.
Taking into account that Liquid is a separate legal entity and in the jurisdiction of Japan, and not the United States, where the bankruptcy procedure is taking place, Investors and Clients of Liquid have reason to suspect that the exchange did not have the right to block their assets and stop the execution of their contractual obligations in accordance with the Terms and Conditions.
Alleged Offence
Fraud
Malpractice
Negligence
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Shareholder
Government Authority
Service Provider
Security Type
Crypto Asset
Trade Direction
Long
Shock Event Date
20 November 2022
Collecting participants…

Liquid Global

Founded in 2014, Liquid Group Inc. and its subsidiaries operate Liquid.com (QUOINE Pte. Ltd.), a leading global cryptocurrency platform that provides trading, exchange, and next generation financia...

    Ticker
    LIQUIDG.FI
    Sector
    Financial Services
    Industry
    Financial Services
    Country
    JP
    Address
    2-chōme-2-1 Kyōbashi, Chuou-ku, Tokyo