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EU, Ftx
Backpack Exchange acquires FTX EU, expanding its presence in the EU digital asset market
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 would become Backpack EU,
FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe
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.
Failed Crypto Exchange FTX’s Repayment Plan Is Now Effective
As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within 60 days.
FTX EU sold to former FTX employees’ Backpack Exchange for $32.7 million
Backpack acquires FTX EU for $32.7M, gaining CySEC approval to offer regulated perpetual futures in the EU by Q1 2025.
Crypto Exchange and Wallet Backpack Acquires FTX’s European Arm for $32,000,000
Backpack Exchange, a cryptocurrency trading platform founded by former FTX and Alameda Research employees, is acquiring FTX EU for $32 million.
FTX EU Now Under New Ownership by Backpack Exchange, Founded by Ex-FTX Employees
Backpack Exchange acquires FTX EU, ensuring regulatory compliance and handling customer claims. This strengthens its European
Who Owns FTX EU? Apparently Not Backpack Despite Paying $32M
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 Exchange and FTX clash over FTX EU ownership
An ownership dispute over FTX EU intensifies as Backpack Exchange and the FTX estate clash over creditor repayments.
FTX EU Sale Sparks Dispute between Bankruptcy Estate and Backpack Exchange
Tensions may have boiled over between FTX bankruptcy estate and Backpack, a wallet firm and crypto exchange, over FTX EU sale.
Backpack Exchange Acquires FTX European Assets
Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, has purchased the former European assets of the bankrupted company for $37.7 million. Armani Ferrante,
Backpack Announces Acquisition of FTX EU, Expands Crypto Trading Across Europe
Backpack Exchange, a fully regulated global cryptocurrency exchange, today announced the successful acquisition of FTX EU, the MiFID II-licensed former European arm of FTX. Approved by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC),
22h
on MSN
How FTX's downfall can still guide the crypto industry in 2025
You record FTX’s plunge into Africa in great detail – especially how it enabled Sam Bankman-Fried to play dual roles of ...
2d
on MSN
FTX says Backpack acquisition of EU arm has not been approved by court
Bankrupt crypto exchange FTX says the acquisition of its European arm FTX EU by crypto exchange Backpack has not been ...
coinspeaker
1d
Kraken Woos FTX Creditors with New Reward Scheme
Kraken Exchange has made an offer to impacted FTX creditors expecting payment in the bankruptcy distribution to trade with no ...
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