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FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals


by Ikemefula Aruogu
for CoinEdition
FTX EU claim Euro funds process now live on Backpack crypto exchange for former FTX customers' EUR balance recovery
  • Backpack exchange moves closer to paying FTX EU claims.
  • Former FTX EU customers must undergo verification ahead of claims.
  • Backpack cites potential delays during initial payouts.

Backpack crypto wallet and exchange has initiated the process for former FTX EU customers to claim their Euro funds. 

Eligible FTX customers can do so after completing a two-step process involving verification on the crypto exchange’s website and activating a withdrawal request for their EUR claim balance. This development offers a clear path for FTX Europe customer funds recovery.

Backpack Cites Potential Delays from High Demand for FTX EU Withdrawals

While this latest development boosts former FTX customers’ optimism toward reclaiming their funds, Backpack noted that there could be delays in processing users’ withdrawal requests. 

In a post on X, the regulated crypto exchange cited high demand during the initial rollout as a potent…

The post FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankm...
“I’m a Foreign Citizen”: CZ Fights Back Against $1.76 Billion FTX Clawback Case

“I’m a Foreign Citizen”: CZ Fights Back Against $1.76 Billion FTX Clawback Case

Binance founder Changpeng “CZ” Zhao is pushing to have a $1.76 billion clawback lawsu...

FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals


by Ikemefula Aruogu
for CoinEdition
FTX EU claim Euro funds process now live on Backpack crypto exchange for former FTX customers' EUR balance recovery
  • Backpack exchange moves closer to paying FTX EU claims.
  • Former FTX EU customers must undergo verification ahead of claims.
  • Backpack cites potential delays during initial payouts.

Backpack crypto wallet and exchange has initiated the process for former FTX EU customers to claim their Euro funds. 

Eligible FTX customers can do so after completing a two-step process involving verification on the crypto exchange’s website and activating a withdrawal request for their EUR claim balance. This development offers a clear path for FTX Europe customer funds recovery.

Backpack Cites Potential Delays from High Demand for FTX EU Withdrawals

While this latest development boosts former FTX customers’ optimism toward reclaiming their funds, Backpack noted that there could be delays in processing users’ withdrawal requests. 

In a post on X, the regulated crypto exchange cited high demand during the initial rollout as a potent…

The post FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals appeared first on Coin Edition.

Read the article at CoinEdition

Read More

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankm...
“I’m a Foreign Citizen”: CZ Fights Back Against $1.76 Billion FTX Clawback Case

“I’m a Foreign Citizen”: CZ Fights Back Against $1.76 Billion FTX Clawback Case

Binance founder Changpeng “CZ” Zhao is pushing to have a $1.76 billion clawback lawsu...