Following months of delays, users of FTX Europe (FTX EU) can now withdraw their frozen euro balances through the Backpack platform. This comes after legal disputes regarding ownership and the acquisition of FTX EU by Backpack Exchange have hampered the process. Backpack began processing withdrawals on May 12th, with only those who joined FTX EU after March 7th, 2022, eligible to claim funds. The company requires KYC verification, two-step claims process, and a valid bank statement to access these Euro balances. 1. Verify your Identity, 2. Submit Withdrawal Request. Backpack emphasizes users must ensure their uploaded information matches the original FTX EU account records to avoid delays. While Backpack has launched this feature, legal challenges surrounding ownership of FTX EU and its transfer to Backpack remain active. This process could be further affected by local financial regulations concerning any unclaimed funds.