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{"id":14455,"date":"2026-03-27T23:17:42","date_gmt":"2026-03-27T23:17:42","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=14455"},"modified":"2026-03-27T23:17:42","modified_gmt":"2026-03-27T23:17:42","slug":"backpack-ceo-rejects-otc-cash-out-claims-concedes-missteps-on-witch-hunts","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=14455","title":{"rendered":"Backpack CEO rejects OTC cash-out claims, concedes missteps on ‘witch hunts’"},"content":{"rendered":"

Backpack CEO Armani Ferrante denies selling BP tokens over-the-counter to cash out, addressing rumors as “FUD.” He acknowledges mistakes in the handling of “witch hunt” Sybil cases, promising re-evaluations and appeals. Despite short-term market fluctuations, Ferrante emphasizes long-term product-market fit, compliance, and transparency as key metrics for Backpack’s value.<\/p>\n","protected":false},"author":1,"featured_media":11112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/14455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14455"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/14455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/11112"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}