🚀 Breaking news from Cyprus: CySEC continues to extend the suspension of FTX Europe for another 6 months, until May 30, 2025. FTX EU can still complete transactions and refund customers.
- This is the 4th time CySEC has extended since FTX declared bankruptcy in November 2022.
- FTX Europe was previously acquired by FTX for $323 million in 2021, but was later sold back to the original owners for $32.7 million.
- The FTX Europe website now only has the functions to check balances and withdraw funds.
💬 What do you think about the future of FTX and the crypto market? Share your thoughts!