FTX EU Sets Up Website to Repay Users

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Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Brett Harrison
Founder and CEO
Architect
Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.
Secure Your Seat
Brett Harrison
Founder and CEO
Architect
Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.
Secure Your Seat

FTX EU has begun the process of allowing the withdrawal of client funds locked up since parent FTX filed for bankruptcy protection last November, according to a Friday press release.

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To that end, the company has set up a website through which balances can be verified and then withdrawal requests can be made. Customers were notified of the arrangement on Thursday via email by restructuring specialist firm Kroll.

FTX's European operation was initially announced on Mar. 7, 2022.

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