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FTX Bankruptcy Estate Hits Out Over 'Unauthorized' Sale of FTX EU to Backpack Exchange
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 FTX bankruptcy estate said.
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
Who really owns FTX EU? Backpack or FTX
Backpack Exchange claims it acquired FTX EU from insiders Patrick Gruhn and Robin Matzke, but FTX’s US bankruptcy estate disputes ownership.
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 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.
FTX bankruptcy estate disputes sale of FTX EU to Backpack
The FTX bankruptcy estate challenged the sale of FTX EU to Backpack, a cryptocurrency exchange founded by former Alameda employees
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 Responds To FTX Statement
We would like to issue this press statement to clarify certain statements made by the FTX estate that could potentially be confusin
FTX Clarifies Certain Statements by Backpack Regarding Backpack's Purported Acquisition of FTX EU
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 of FTX EU Ltd ("FTX EU") and return of funds to former FTX EU customers.
FTX Disputes the Sale of EU Assets to Ex-Employees Is Complete
Fried’s former crypto enterprise appeared to be settled: Dubai-based Backpack Exchange said it had purchased FTX EU after months of wrangling.
Coingape
1d
FTX Breaks Silence On Backpack’s Alleged Acquisition Of The Defunct Exchange
FTX clarifies inaccuracies in Backpack's FTX EU acquisition claims, confirming no court approval or role in asset recovery ...
Inside Bitcoins
2d
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 ...
CoinDesk
3d
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 ...
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