Liquid has suspended all trading operations on its platform in accordance with FTX Trading’s instructions, the company announced on Twitter on November 20. According to the statement, Liquid Exchange halted “all forms of trading” due to the operation of the Chapter 11 process in Delaware courts. “We have done so since while we assess the situation.” “We are working through these issues and will provide a more detailed update as soon as possible,” Liquid added. The exchange suspended all withdrawals on its platform five days ago, citing compliance with the requirements of voluntary Chapter 11 proceedings. Japan’s Financial Services Agency had previously requested that another FTX subsidiary, FTX Japan, suspend business orders on November 10.