Cyprus Securities and Exchange Commission suspends FTX Europe’s license until September
The Securities and Exchange Commission (SEC) of Cyprus extended the suspension period of FTX Europe's license, prohibiting the company from providing services until September 30th, 2024. The organization stated that FTX Europe must take necessary actions to comply with the relevant regulations of the "Investment Services and Activities" and "Regulated markets" laws. FTX Europe is prohibited from providing investment services, conducting any business transactions with anyone, or accepting any new clients. The announcement also stated that the company is prohibited from advertising investment services. On the other hand, the regulatory agency requires FTX Europe to complete all transactions and customer transactions according to customer requirements. The Securities and Exchange Commission of Cyprus also ordered the company to refund all funds and financial instruments belonging to its customers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Axis Robotics (AXIS) in the AI zone
Futures copy trading upgrade notice: Automatic migration to the new futures elite portfolio starting November 1
CandyBomb x DNA: Trade to share 1,000,000 DNA
Bitget to Adjust CFD Leverage During Special Trading Periods in the Third Week of October 2026
Crypto prices
More
