The Cyprus Securities and Exchange Commission has extended the suspension period of the FTX license until May 30, 2025. During the authorized suspension period, FTX EU is prohibited from providing services or establishing business relationships with anyone, and it cannot accept any new clients. Furthermore, the company is not allowed to execute any client instructions for the purchase of financial instruments, nor provide any investment services within or outside Cyprus. The suspended brand must not promote itself as an investment service provider, nor publish any related advertisements. They must also close all open positions related to client contracts by the contract expiration date or upon client request, and refund all funds and profits.

According to Foresight News and reported by Finance Feeds, the Cyprus Securities and Exchange Commission (CySEC) has extended the suspension period of the Cyprus Investment Firm (CIF) license for FTX.com until May 30, 2025. During the suspension period, FTX EU is prohibited from providing services or establishing business relationships with anyone, as well as accepting any new clients. Furthermore, the company is not allowed to execute any client instructions for the purchase of financial instruments or provide any investment services within or outside Cyprus. The suspended brand must not promote itself as an investment service provider or publish related advertisements. They are also required to close all open positions related to client contracts upon the expiration date of the contracts or at the request of the clients, and to refund all funds and profits.