Backpack, a newly acquired exchange for former FTX EU users, has announced that these customers can now withdraw euro balances following KYC verification. Users must ensure that their KYC details on Backpack match those provided to FTX EU to avoid delays. To begin the withdrawal process, users who selected Backpack as the redistribution platform need to create an account and complete the necessary KYC checks. It is important to note that not all EU-based FTX customers are classified as FTX EU users; only those who registered after March 7, 2022, for the EU-specific platform are eligible to claim through Backpack. The exchange's CEO has committed to returning FTX EU funds expediently and securely after acquiring the platform. However, the exact details of ownership and rights concerning FTX EU are still under the purview of FTX Europe AG, a subsidiary of the bankrupt exchange, complicating the distribution process for some customers.

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