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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, ...

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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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