Wednesday, December 4, 2024

FTX EU Enabled Withdrawal For Its Customers

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FTX EU LTD, the CySEC-regulated entity for the collapses crypto exchange scheme, has launched a website where its customers can request final balances and withdrawals. The withdrawals will be available only to customers who opened their accounts through FTX.com/eu after March 7, 2022. This process does not apply to customers of other FTX group businesses, FTX said in a press release.

FTX EU LTD will provide customers a statement of the balance of fiat currency funds to which they are entitled in accordance with MiFID II as transposed to L. 87(Ι)/2017.  Following completion of this process and subject to the sufficiency of funds, each customer of FTX EU LTD will be entitled to withdraw his balance.

Withdrawals will be available only to customers of FTX EU LTD who opened their accounts through FTX.com/eu(i.e., after March 7, 2022).  Withdrawals are impossible for customers of any other FTX group businesses, even if such customers are located in Europe.