The Cypriot supervisory authority, Cyprus Securities and Exchange Commission ("CySEC"), announced on 11 November 2022 that it has suspended the authorisation to operate as an investment firm in respect of FTX EU LTD (ex K-DNA FINANCIAL SERVICES LTD) with effect from 11 November 2022.

During the entire period of suspension of authorisation, FTX EU LTD is not permitted to provide/carry out investment services/activities, nor can it enter  into any business transactions with any clients, subject to any requests for the return of all funds and financial instruments, nor can it accept new clients.

Further details can be found at  https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=2d529b90-b1e7-417e-9099-515e04e4b1b4.