FTX EU, a German branch of FTX, has launched a website that allows customers in Europe to submit withdrawal requests.
Nearly five months ago, this worldwide trading website went bankrupt and closed in early November.
According to a report by Financial tycoon, the new domain name https://ftxeurope.eu/ is said to have won the approval of the Securities and Exchange Commission of Cyprus.
The report quoted an email received by FTX Europe as saying that the new domain name would not be able to provide all products and services and would only be compensated to affected customers.
"it is important to note that our own new domain name, www.ftxEurope.eu, has been licensed by the regulatory agency CySEC, as you clearly know. This site will be available only to all FTX EU countries Limited customers who can get the balance of his Fiat car account. We should not provide all services and products according to this website.
Although FTX EU is available to consumers in the European Economic area and the Middle East, it is not clear how many customers are affected.
FTX EU was only released in March 2022, and the global company went bankrupt in November, so the total estimate is not very large.
FTX Day is another branch that has made reimbursements to affected customers. In mid-to late February, it allowed all withdrawals, with an amount of about $50 million.
On 9 November, prior to the declaration of bankruptcy by FTX Group and 130 subsidiaries (including FTX EU) on 11 November, Cyprus regulators ordered FTX EU to suspend operations.
FTX Europe is headquartered in Germany and Switzerland and has a short running time.
Magazines and periodicalsAfter the collapse of FTX, can you trust to log in to the password trading center?
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