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Ftx Disputes Sale of EU Assets to Ex-Employees Is Complete
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 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 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.
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 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 Backp
1d
on MSN
How FTX's downfall can still guide the crypto industry in 2025
I n 2025, the cryptocurrency world seems poised for a revival following years of regulatory uncertainty and the crypto winter ...
coinspeaker
2d
Kraken Woos FTX Creditors with New Reward Scheme
Kraken Exchange has made an offer to impacted FTX creditors expecting payment in the bankruptcy distribution to trade with no ...
New York Sun
5d
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 ...
thecurrencyanalytics
6d
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 ...
Crowdfund Insider
5d
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 ...
Crypto News Flash
11d
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 ...
Coingape
3d
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 ...
Ripple
5d
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 ...
5d
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 ...
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crypto exchange
Backpack
Sam Bankman-Fried
European Union
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