FTX EU Fund Claims: Backpack Finally Opens Euro Withdrawals

• 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…

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