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FTX EU acquired by Backpack Exchange, an exchange founded by previous FTX and Alameda employees

Quick Take FTX EU has been acquired by Backpack Exchange following regulatory and legal approval. Backpack EU will take responsibility for distributing the previously court-approved FTX bankruptcy claims. It plans to offer crypto derivatives — including perpetual futures — throughout the European Union. FTX EU — the European arm of the crypto exchange that infamously collapsed in late 2022 — has been acquired by Backpack Exchange following approval by the FTX bankruptcy court and the Cyprus Secu...

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