Claiming Funds from FTX EU: A Step-by-Step Guide

FTX users impacted by the 2022 collapse will receive compensation of $55 million as part of a significant move to restore trust. To access these funds, former FTX EU customers must complete KYC verification through Backpack on the exchange’s official website before being able to claim distributions. This crucial step signifies progress in restoring user confidence and providing relief to those affected by one of crypto’s most notable failures.