ECONOMY

FTX EU suspends operations in Cyprus

FTX EU suspends operations in Cyprus

Cyprus’ Securities and Exchange Commission asked FTX EU to suspend its operations last Wednesday, the regulator said on Friday.

“The Cyprus Securities and Exchange Commission on Wednesday, November 9, called upon the Cypriot Investment Firm FTX EU Ltd to suspend its operations and to proceed immediately with a number of actions for the protection of the investors,” the commission stated. [Reuters]

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