FTX EU Users Can Access Euros via Backpack in Recovery Process

Following FTX’s bankruptcy, the recovery process for former FTX EU customers is underway. Backpack, which acquired FTX EU in 2025, has enabled euro withdrawals for eligible users. This process comes after approval from both CySEC and the bankruptcy court. Users must create a Backpack EU account and comply with KYC regulations to access their funds. This limited recovery is only for euros, with cryptocurrency withdrawals still restricted. ]