Backpack Exchange has initiated the withdrawal process for former FTX EU customers starting May 12, 2025, marking the final phase of its fund recovery efforts following its acquisition of FTX EU. Customers must complete a two-step process involving verification and fund withdrawal through a dedicated KYC portal established by Backpack. While affected users can now withdraw their trapped Euro funds, cryptocurrency withdrawals remain blocked. This development provides a resolution pathway for those impacted by the collapse of FTX in Europe.
Los clientes afectados por la quiebra de FTX en Europa ya ven la luz: Backpack inicia el reembolso https://t.co/Spfvxnk9J7
FTX EU victims can now withdraw trapped Euros via Backpack but crypto withdrawals remain blocked https://t.co/oHpwtSUC4a
BACKPACK TO LAUNCH WITHDRAWALS FOR FORMER FTX EU USERS TODAY Backpack Exchange will open withdrawals for ex-FTX EU users starting today, finalizing its fund recovery efforts. The move follows Backpack’s acquisition of FTX EU and rollout of a KYC portal for affected users. https://t.co/JD0XWawQQv