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FTX Europe Suspension Extended Again Until May 2025

  • 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.

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