Case summary
What happened
IZAKA-YA operates an account-based crypto wallet with a lending function. First-party instructions require users to fund the wallet, select an amount and lending period, review estimated interest and contract content, and state that principal plus interest are returned to the wallet after the lock period. The operator page identifies Izakaya Limited at a Hong Kong address and states a December 2023 service-start month without an exact day. During 2026 the platform advertised multiple temporary high-rate campaigns, including 33%, 100%, 500%, a 1000% APR-equivalent switching campaign, and an August campaign combining 100% annualized lending with a transfer bonus described as an effective 150% annualized rate, subject to eligibility, duration, and reward caps. CYA records those figures as issuer-advertised campaign terms, not verified realized customer returns.
Customer result
Customer outcome
Not applicable
Public lending instructions describe contractual product mechanics, including principal plus interest returning to the wallet after lock expiry, but those instructions are not evidence of universal realized repayment. A current first-party article explicitly warns that crypto-lending principal is not guaranteed. No adverse customer outcome is inferred merely from promotional yield levels or unresolved terms.
- Estimated recovery
- Not applicable
- Repayment started
- —
- Repayment completed
- —
- Confidence
- Medium
Asset treatment
Terms risk
Unclear
A current first-party lending article explicitly states that crypto-lending principal is not guaranteed. Generic website terms are not treated as complete lending-product terms. The Hong Kong operator identity and Cayman governing-law clause are preserved separately rather than reconciled by inference. Reverify if IZAKA-YA publishes public lending-contract terms that resolve counterparty, ownership, custody deployment, insolvency treatment, insurance, regulatory authorization, or the economic source of promotional yields.
- Affected product
- —
- Confidence
- Medium
The reviewed public pages do not clearly establish whether lending transfers legal or beneficial ownership of customer assets, the exact lending counterparty, or how lent assets are deployed, rehypothecated, segregated, or treated in an insolvency.
Known unknowns
Uncertainty
The company page supports Izakaya Limited and a Hong Kong operating address, while the public website terms state Cayman Islands governing law. The public terms are generic website terms rather than complete lending-product terms, and the logged-in lending flow appears to present separate contract content. Current first-party lending material also warns that crypto-lending principal is not guaranteed. Do not infer the exact lending counterparty, legal ownership transfer, rehypothecation/deployment mechanics, deposit insurance, licensing, universal repayment performance, or economic source and sustainability of promotional yields from the reviewed public pages.
Chronology
Historical record
CryptoPanda and IZAKA-YA announce JPYR purchase-and-lend collaboration
CryptoPanda announced a collaboration with partner IZAKA-YA in which users purchasing JPYR through CryptoPanda could participate in a JPYR lending campaign on IZAKA-YA, including a 10-day lending option and campaign benefits tied to purchased and lent amounts.
This event records first-party evidence of the CryptoPanda-to-IZAKA-YA commercial/product relationship requested by Issue #186. Campaign annualized-rate and reward figures remain issuer/promoter terms and are not treated as verified realized returns. CryptoPanda is not separately canonicalized as a CYA yield platform.
IZAKA-YA advertised a 1000% APR-equivalent switching campaign
IZAKA-YA announced a campaign for users transferring assets from other exchanges or wallets. The first step advertised total rewards equivalent to 1000% APR for a three-day lending period, combining the normal or campaign lending rate with an additional reward and subject to eligibility requirements and a reward cap.
This event records an issuer-advertised promotional rate and its conditions. It is not evidence of verified realized customer returns, universal payout, platform solvency, or a change in active status.
IZAKA-YA announced the August 150 Festival
IZAKA-YA announced an August 11–24 campaign advertising 100% annualized lending on selected terms and an additional transfer bonus described as an effective 150% annualized rate for qualifying users.
The 100% and 150% figures are preserved as issuer-advertised campaign formulas, not verified realized customer returns or evidence of platform solvency.
IZAKA-YA temporarily restricted transfers and withdrawals for some accounts
IZAKA-YA stated that it had identified some transactions suspected of involving illicit fund inflows or money laundering and temporarily stopped transfers and withdrawals for affected accounts while conducting safety checks and investigations. The operator explicitly stated that this was not a platform-wide withdrawal halt and that ordinary transfers and withdrawals could also take longer during enhanced monitoring.
This records the operator's first-party explanation and the existence of account-level restrictions. It does not establish insolvency, a platform-wide freeze, customer loss, criminal activity by any specific user, or that the operator's AML explanation independently proves the cause of every reported withdrawal problem.
CryptoPanda ended its IZAKA-YA partnership and disabled IZAKA-YA-wallet-linked transactions
CryptoPanda announced that it had ended its partnership with IZAKA-YA and that transactions routed through an IZAKA-YA wallet connection would no longer be available. CryptoPanda cited information raising AML-related concerns regarding IZAKA-YA as the reason for reviewing and ending the relationship, while stating that transactions using other wallets would remain available.
This records the loss of a documented transaction/off-ramp path and the counterparty's stated reason for ending the partnership. It does not establish IZAKA-YA insolvency, fraud, a platform-wide withdrawal halt, or independent proof of the underlying AML concerns.
IZAKA-YA reported sequential transfer and withdrawal processing after individual reviews
IZAKA-YA stated that it had not imposed a platform-wide transfer or withdrawal halt, that some reviewed transfers were completed on 2026-08-25, and that remaining cases continued to be processed after individual safety and transaction checks. This follows the operator's 2026-08-24 disclosure of temporary restrictions on some accounts.
This is a continuation/status update to the account-level withdrawal restriction rather than evidence that all restrictions have ended. It records the operator's statement and does not independently verify completion for every affected customer.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
Entity
2 sourcesIZAKAYA × CryptoPanda IZKY token campaign
IZAKA-YA · 2025-05-01
IZAKA-YA first-party campaign page independently documents a CryptoPanda collaboration, requiring registration with both services and linking CryptoPanda activity to the IZAKA-YA wallet. This is cross-party corroboration of an established commercial/product relationship and does not make CryptoPanda a separate CYA yield platform.
IZAKA-YA company profile
Izakaya Limited
First-party company page identifies Izakaya Limited, a Hong Kong operating address, company establishment on 2023-04-14, and a December 2023 service-start month. CYA does not invent an exact launch day from the month-only service-start statement.
Event
7 sourcesCryptoPanda×IZAKAYA JPYRレンディングキャンペーン！
CryptoPanda · 2026-02-09
CryptoPanda first-party campaign page explicitly calls IZAKA-YA its partner and describes a flow in which users purchase JPYR through CryptoPanda and then select a JPYR lending term on IZAKA-YA. Used to establish the lending-related commercial/product relationship. Promotional lending-rate and reward figures are issuer/promoter terms, not verified realized returns.
IZKY token BTSE listing commemorative campaign
CryptoPanda · 2026-03-31
Later CryptoPanda first-party campaign material again identifies collaboration with partner IZAKA-YA and ties JPYR purchase on CryptoPanda to a 10-day IZAKA-YA lending flow. Used as continuing corroboration of the relationship. Headline promotional rates and combined benefit examples are not treated as verified realized yield.
送金・出金およびKYC認証に関するお知らせ
Izakaya Limited · 2026-08-24
First-party notice states that transfers and withdrawals were temporarily stopped for some accounts under investigation after suspected illicit-fund or money-laundering signals, while explicitly denying a uniform platform-wide halt and warning that normal withdrawals may also take longer during enhanced monitoring. Used only for the existence and stated scope/reason of the restriction.
提携解消のお知らせ
CryptoPanda · 2026-08-25
First-party CryptoPanda notice states that it ended its partnership with IZAKA-YA after reviewing information raising AML-related concerns and that transactions through an IZAKA-YA wallet connection would no longer be available, while other-wallet transactions would remain available. Used for the partnership termination and transaction-path restriction only; the stated AML concern is a counterparty statement and is not treated as an independently proven finding about IZAKA-YA.
IZAKA-YA 1000% switching campaign
IZAKA-YA · 2026-06-10
Issuer campaign page advertised total rewards equivalent to 1000% APR for an initial three-day lending step after transferring assets from another exchange or wallet, with eligibility conditions and a 15,000-yen-equivalent USDT cap. Used only to establish the advertised campaign event and conditions.
IZAKA-YA 150 Festival
IZAKA-YA · 2026-08-10
First-party campaign terms describe 100% annualized lending during August 11–24 and an additional transfer bonus described as an effective 150% annualized rate for qualifying users. These are advertised campaign formulas, not independently verified realized returns.
出金・送金に関する現在の対応状況およびSNS上の情報について
Izakaya Limited · 2026-08-27
First-party follow-up states that no universal withdrawal/transfer halt is in place, that some reviewed transfers were completed on 2026-08-25, and that remaining cases are being processed after individual checks. This is operator-reported status evidence and does not establish that all reported withdrawal problems are resolved.
status
6 sourcesIZAKA-YA public lending wallet
IZAKA-YA
Current first-party service page presents an active crypto lending function and states a normal public surface of up to 12% APY, daily interest, and lending periods from one day to one year. Used for current status and product-surface evidence only.
IZAKA-YA lending procedure
IZAKA-YA
Official support instructions describe logged-in wallet balance, lending amount and period selection, estimated-interest review, contract-content confirmation, and automatic credit of principal plus interest to the wallet after the lock period. Product mechanics are not proof of universal realized repayment.
How do I start lending?
IZAKA-YA
First-party English support page describes depositing cryptocurrency to the IZAKA-YA wallet, selecting lending amount and period, and receiving interest from IZAKA-YA periodically. Used to corroborate current lending-product mechanics.
Earn 33% APY with the IZAKA-YA 33 Festival
IZAKA-YA · 2026-06-03
Issuer campaign page advertised 33% APY for supported cryptocurrencies on a three-day lending term during June 2026. Preserved as an advertised promotional term, not verified realized customer yield.
IZAKA-YA first-time lending 500% campaign
IZAKA-YA · 2026-06-01
Issuer campaign page advertised an additional reward calculated at 500% APR for first-time lending, subject to eligibility, KYC/application requirements and a 10,000-yen-equivalent USDT reward cap. This is an advertised campaign formula, not verified realized customer return.
30-Day Lending 100 Festival
IZAKA-YA · 2026-07-20
Issuer campaign page advertised a temporary 100% annualized yield for new 30-day lending contracts from July 20 through July 24, 2026, while describing 12% as the normal 30-day rate. Preserved as advertised campaign terms only.
terms risk
4 sourcesレンディングの利回りはどこから捻出されているのでしょうか？
IZAKA-YA · 2026-03-24
First-party support states that customer assets are operated through OTC and DEX activity and that part of the resulting operating profit is returned as lending yield. The public article does not provide independently verifiable trading volume, realized profit, counterparties, asset deployment balances, or a reconciliation showing that those profits fund ordinary or promotional rates. CYA therefore records the yield-source explanation as an operator claim, not as verified sustainability or realized return evidence.
IZAKA-YA Terms and Conditions
IZAKA-YA
Current public website terms state Cayman Islands governing law but are generic website terms rather than complete lending-product terms. They do not independently resolve the lending counterparty, customer asset ownership transfer, custody deployment, bankruptcy treatment, insurance, or regulatory authorization.
Arbitrum lending support announcement
IZAKA-YA · 2026-07-20
Current first-party lending article explicitly states that crypto-lending principal is not guaranteed and describes price-volatility risk.
提携解消のお知らせ
CryptoPanda · 2026-08-25
Counterparty first-party notice states that CryptoPanda ended its partnership with IZAKA-YA and disabled transactions through IZAKA-YA wallet connections while other-wallet transactions remained available. CryptoPanda cited information raising AML-related concerns about IZAKA-YA; CYA records that as CryptoPanda's stated rationale, not as an independently established AML finding. The notice is relevant to loss of a previously documented transaction/off-ramp integration, not proof of platform-wide IZAKA-YA withdrawal failure or insolvency.
No evidence records match the current filters.
Comparative records