The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX Europe's CIF license until May 2025.The platform cannot offer new services or accept new customers, but users can still withdraw their funds.FTX Europe, which declared bankruptcy in the U.S., has been sold back to its original owners for a significantly lower price.The future of FTX Europe remains uncertain as it continues to be in limbo amidst ongoing suspension and regulatory issues.