Backpack had announced plans to pay back FTX EU creditors, as well as setting out how it plans to operate a regulated crypto derivatives service using the licenses acquired in the sale.

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The bankrupt cryptocurrency exchange emphasized that any potential sale would require approval from creditors and regulatory authorities before moving forward. In response to FTX’s correction, ...

FTX claims Backpack’s sale and statements were unauthorized under ... However, FTX bankruptcy estate appears to have kicked back against this statement, saying that the transaction was not ...

A dispute has emerged between the FTX bankruptcy estate and crypto firm Backpack over the legitimacy of FTX EU's sale, with both parties making conflicting claims about regulatory approval and ...

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