Backpack Exchange claims it acquired FTX EU from insiders Patrick Gruhn and Robin Matzke, but FTX’s US bankruptcy estate disputes ownership.
A day after the official acquisition announcement, FTX estate disputes Backpack claims. Backpack claimed to have paid $32.7 million to acquire FTX EU. FTX estate ...
Backpack, which announced its acquisition of the European arm of bankrupt exchange FTX on Monday, has not been authorized by FTX to make any distributions to any FTX customers or other creditors, the ...
Tensions may have boiled over between FTX bankruptcy estate and Backpack, a wallet firm and crypto exchange, over FTX EU sale.
Crypto wallet provider Backpack's announcement of purchasing FTX EU for $32.7 million was premature, with FTX clarifying no ...
The centralized crypto exchange Backpack announced on January 7 that it had successfully acquired the defunct crypto exchange FTX’s European branch, FTX EU. The exchange confirmed that FTX EU, which ...
FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively "FTX") today clarify certain statements made by the Backpack entities ("Backpack") regarding Backpack's purported acquisition ...
Kraken Exchange has made an offer to impacted FTX creditors expecting payment in the bankruptcy distribution to trade with no fees.
Backpack Exchange acquires FTX EU, prioritizing customer fund returns, MiFID II license, and expanding crypto trading across Europe.
The question of who owns the European unit of Sam Bankman-Fried’s former crypto enterprise appeared to be settled: Dubai-based Backpack Exchange said it had purchased FTX EU after months of wrangling.
FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and ...
FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million.