Seeking Alpha
2023-03-31 19:39:41

FTX's European arm sets up website to unlock users' funds

The European arm of collapsed cryptocurrency exchange FTX ( FTT-USD ) has set up a website to pay back impacted customers, according to a release dated Friday. Customers' balances will be verified and subsequently withdrawal requests can be made through the new site . Restructuring specialist firm Kroll notified FTX EU customers about the arrangement on Thursday via email . FTX EU only became available last March, about eight months before parent FTX ( FTT-USD ) filed for bankruptcy protection. In February, FTX Japan became the first FTX ( FTT-USD ) subsidiary to resume customer withdrawals . More on the Crypto Clampdown Sam Bankman-Fried pleads not guilty to latest batches of charges Crypto exchange Binance suffers $2B in outflows as woes pile up - report Binance and CEO Changpeng Zhao sued by CFTC over regulatory breaches MicroStrategy: Buying The Bitcoin Dip Was A Smart Move

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