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Backpack Response: Transfer of FTX EU Approved by German Court and CySec Regulation in 2024
On January 9, Backpack officially released a response to the "FTX EU acquisition case was not approved by the court", saying that FTX reached an agreement with certain former insiders in February 2024 to sell a number of European assets, including FTX EU. The agreement was approved by the FTX bankruptcy court in March 2024 and completed in May 2024. Payments have been made to the FTX bankruptcy estate in accordance with the terms of the purchase. Backpack has since purchased FTX EU after talking...
2025-01-09 02:45:18
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