Reply to post: Re: "Japan’s ability to protect its consumers from huge losses"

FTX is back in Japan, where users can withdraw fiat and crypto

gnasher729 Silver badge

Re: "Japan’s ability to protect its consumers from huge losses"

The difference is that in Japan money that you invest remains_your_ money, so in a bankruptcy only you can access it.

It is of course possible that the investment company just takes it but that is literally theft.

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