Backpack Exchange claims it acquired FTX EU from insiders Patrick Gruhn and Robin Matzke, but FTX’s US bankruptcy estate disputes ownership.

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 ...

The centralized crypto exchange Backpack announced on January 7 that it had successfully acquired the defunct crypto exchange FTX’s European branch, FTX EU. The exchange confirmed that FTX EU, which ...

The FTX bankruptcy estate has disputed the recently announced sale of FTX EU to Backpack, the cryptocurrency exchange and wallet firm founded by former FTX and Alameda employees. The FTX estate ...

Bankrupt crypto exchange FTX said 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 ...

Backpack Exchange, a centralized cryptocurrency platform, has responded to claims made by the FTX Recovery Trust disputing the legality of its acquisition of FTX EU. On Jan. 8, Backpack said it ...

HANOVER, Germany, Jan. 8, 2025 /PRNewswire/ -- Backpack Exchange, a fully regulated global cryptocurrency exchange, today responded to statements made by FTX Trading LTD (d/b/a. FTX.com ...

(MENAFN- eTrendy Stock) Backpack, a centralized crypto exchange (CEX) created by former Alameda Research and FTX personnel, has acquired FTX EU. The Acquisition approved by the FTX bankruptcy ...

FTX EU has been acquired by Backpack, according to a note from the firm. The goal is to offer crypto trading, including derivatives and perpetual futures, across the EU. Deal terms were not ...

FTX has announced that it would start distributing more than $1.2 billion in repayments to all the victims who suffered from ...

Payments have been made to the FTX bankruptcy estate in accordance with the terms of purchase. Subsequently, Backpack purchased the same European assets from these same insiders, which has also ...