Investing our money is an important decision that we must make carefully. Although it can be tempting to go for options that promise high returns in the short term, it is important to remember that risk and reward are always related.
Investment options that offer high returns often also carry a higher risk of loss.
One investment option that has gained popularity in recent years are cryptocurrencies, such as Bitcoin.
Although the price of these digital currencies has fluctuated significantly, many investors have seen huge gains in a short period of time.
However, it is also important to note that cryptocurrencies are highly volatile and can be very risky.
In addition to volatility, there are also concerns about the security and regulation of these digital assets. Because they are virtual currencies, they are vulnerable to cyber attacks and hacking.
There are also concerns about a lack of regulation in the cryptocurrency market, which can make it difficult to protect investors from fraud and scams.
Before making the decision to enter the world of cryptocurrencies it is important to research the company or product in which you are considering investing, as well as understand the risks and potential consequences.
FTX returns assets in Japan
Precisely those who invested in cryptocurrencies and placed their trust in FTX are having too many problems because the bankruptcy of the exchange threatens (with good reason) the possibilities of recovering the money.
Although everything indicates that the refund will be almost impossible, there is a light of hope, because this Friday, December 30, it was learned that the Japanese unit of the failed crypto exchange would return the assets of its clients since February.
Indeed, FTX Japan is developing a system through which clients could withdraw assets through the Liquid Japan website, another exchange that FTX acquired in early 2022.
“We apologize for the serious problems caused by the suspension of fiat currency withdrawal services as well as digital assets,” declared from FTX Japan it’s a statement.
FTX filed for Chapter 11 protection linked to US bankruptcies in November after its founder, the controversial Sam Bankman-Fried, resigned as CEO.
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