Tensions may have boiled over between FTX bankruptcy estate and Backpack, a wallet firm and crypto exchange, over FTX EU sale.
The US Supreme Court has declined to hear an appeal from crypto exchange Binance and its founder, Changpeng “CZ” Zhao, ...
Backpack addresses the controversy over its acquisition of FTX EU, asserting regulatory approval while committing to return customer funds.
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 ...
An FTX creditor has raised concerns about the extravagant spendings of the defunct exchange bankruptcy managers, according to a court filing.
Backpack announced acquisition of FTX EU on January 8, 2025 • FTX bankruptcy estate claims the sale was unauthorized • Backpack says Cyprus regulator approved the purchase in December 2024 • Former FT ...