Backpack addresses controversy over FTX EU acquisition and customer funds
Cryptocurrency exchange Backpack issued a statement addressing controversy surrounding its purchase of FTX EU. Questions about the sale of FTX EU and who’s responsible for customer funds have sparked a response from Backpack Exchange, after the FTX estate’s statements left some confusion. The issue seems to be around conflicting claims about who owns FTX EU […]
Crypto exchange Backpack, founded by former FTX execs, acquires FTX EU
FTX alumni’s Backpack Exchange completes acquisition of FTX EU, set to launch MiFID II-regulated crypto products. Backpack, a crypto exchange founded by former FTX executives, has acquired FTX EU, the former European arm of FTX, as part of its expansion into the European market. The acquisition, approved by the FTX bankruptcy court and the Cyprus […]
Backpack Exchange acquires FTX EU, plans Q1 2025 launch
Backpack EU will be responsible for distributing court-approved FTX bankruptcy claims to FTX EU customers as part of the acquisition. Source link
