CySEC Says Former FTX EU (Now Trek Labs) Meets | Crypto Work Pro
The Cyprus Securities and Exchange Commission (CySEC)
introduced on July 4, 2025, that it has recalled the suspension of the
authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This choice was
made during a CySEC assembly on June 23, 2025. Trek Labs Europe Ltd was
beforehand generally known as FTX (EU) Ltd. Its license was suspended in November 2022.
Regulatory Issues Resolved, Trek Labs Compliant
The company was renamed and underwent a change of possession.
Earlier, it
settled with CySEC by paying €200,000 for potential regulatory violations.
These points concerned
organisational and consumer data necessities. They befell earlier than the
rebranding and possession change, masking the period from March to November
2022.
You might discover it attention-grabbing at FinanceMagnates.com: FTX
EU Customers’ Claims Are on the Way: New Owner Backpack Initiates Process.
CySEC said it’s now happy with Trek Labs Europe’s
compliance with the Investment Services and Activities and Regulated Markets
Law.
This article was written by Tareq Sikder at www.financemagnates.com.
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