Crypto
FTX's Bankruptcy Estate Challenges Backpack Exchange's Acquisition
The FTX bankruptcy estate has disputed Backpack Exchange's unauthorized acquisition of FTX EU, asserting it has not approved distribution of funds to FTX customers.
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The FTX bankruptcy estate has disputed Backpack Exchange's unauthorized acquisition of FTX EU, asserting it has not approved distribution of funds to FTX customers.
Backpack Exchange has purchased FTX's bankrupt European arm for $32.7 million, positioning itself as a regulated provider of crypto derivatives in Europe.
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