According to FinnceFeeds, the Cyprus Securities and Exchange Commission (CySEC) has announced a fine of € 200000 against the former FTX EU entity Trek Labs Europe Ltd for compliance deficiencies in organizational governance, customer information disclosure, and investor suitability assessment between March and November 2022. The fine has been fully paid and does not constitute a formal determination of the violation. In addition, Backpack acquired FTX EU in January this year and promised to return the previously frozen Euro funds. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44450