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FTX EU Launches Withdrawal Website to Pay Back European Users

FTX EU, the European arm of the global trading platform, has launched a new website, https://ftxeurope.eu/, to allow European customers to submit withdrawal requests, nearly five months after the platform collapsed and went bankrupt in November. The new domain will not offer any products or services other than to pay back impacted customers. FTX EU only became available in March 2022, so numbers of impacted users are not expected to be large. FTX Japan is another subsidiary that has already allowed impacted customers to withdraw funds. The Cyprus regulator requested FTX EU to suspend its operations on Nov 9, shortly before FTX Group and its 130 affiliated companies filed for bankruptcy on Nov 11. (Cointelegraph)

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