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EU, Ftx
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 approved by the bankruptcy court, nor has Backpack been authorized to make distributions to FTX creditors.
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.
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,
FTX EU Finds New Home With Ex-FTX and Alameda Talent
Backpack acquires FTX EU as part of ongoing FTX bankruptcy proceedings. Founded by former FTX and Alameda employees, Backpack aims to expand its derivatives offerings
New York Sun
2d
FTX To Begin Bankruptcy Payouts — but Was Sam Bankman-Fried ‘Misled’ and ‘Pressured’ Into Giving Up a Profitable Crypto Colossus?
The fallen founder maintains that he never intended to defraud anyone and that his exchange had enough assets to make his ...
Ripple
1d
FTX Starts Repaying Creditors After Two-Year Wait
FTX begins creditor repayments in accordance with a court-approved scheme, beginning with modest claims and expands to larger ...
Crowdfund Insider
2d
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 ...
thecurrencyanalytics
2d
FTX Begins Customer Repayments for Convenience Class Creditors
FTX starts its repayment plan with a $1.2 billion payout for convenience class creditors, offering 119% compensation on ...
Crypto Briefing
5d
FTX payout plan taking effect today—here's what to expect
FTX payout plan begins today. Creditors with claims under $50K receive 119% return within 60 days, totaling $1.2 billion.
1d
on MSN
Former FTX, Alameda Staff Acquires Failed Firm’s European Entity
Backpack Exchange, a crypto trading platform founded by one-time employees of Sam Bankman-Fried’s FTX and Alameda Research ...
Crypto News Flash
8d
FTX Repayment Schedule Revealed: $16 Billion Distribution Starts January 2025
FTX to repay $16B to creditors starting Jan 2025, aiming to restore 98% of losses. Is this possible even with the rise of new ...
CoinDesk
1d
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 ...
Inside Bitcoins
1d
MadLads NFT Creator BackPack Buys FTX EU- Here’s More Info..
Backpack, the team behind the popular MadLads non-fungible token collections, has acquired the European arm of FTX. Here's ...
Cryptopolitan on MSN
11h
FTX creditor raises concern about bankruptcy managers’ excessive spending
FTX Creditor Linda Favario has filed a complaint with the US Bankruptcy Court over the extravagant spending of the FTX ...
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Related topics
European Union
Backpack Exchange
Sam Bankman-Fried
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