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FTX and Backpack dispute sale of European arm to former insiders’ crypto platform – TON BOT

FTX and Backpack dispute sale of European arm to former insiders’ crypto platform

Bankrupt FTX exchange disputes sale of European subsidiary FTX EU to Backpack, founded by former FTX employees. FTX clarifies that the sale has not occurred as disclosed, and the bankruptcy court did not approve Backpack’s acquisition. FTX distances itself from Backpack’s asset recovery process, stating it will handle customer claims independently.


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