🎉 FTX Europe: The Never-Ending Suspension Saga Continues! 🎉
Cyprus' financial watchdog, CySEC, has once again extended the suspension of FTX's European arm until May 2025. That's four extensions since FTX's dramatic collapse in 2022! 🚀
- FTX Europe can't take new clients or advertise, but it can still process transactions and return funds.
- Originally acquired for $323M, FTX Europe was sold back to its founders for a cool $32.7M after some legal wrangling.
What do you think of this crypto rollercoaster? Share your thoughts below! 💬