Backpack Exchange officially launches the fund withdrawal process for FTX EU users

Odaily Planet Daily News: Backpack Exchange announced that it will officially launch the withdrawal process for pre FTX EU users on May 12, 2025. Previously, Backpack Exchange acquired FTX EU in the first quarter of 2025 (January 7th) and was responsible for handling the distribution of frozen FTX EU customer funds since FTX filed for bankruptcy. As an important component of this work, Backpack launched a KYC page specifically designed for former FTX EU users in April to prepare for the upcoming withdrawal process. The initiation of this withdrawal process is the final step for former FTX EU users to retrieve their funds.