Featured
Backpack Exchange Begins Asset Recovery for Former FTX EU Users
Backpack Exchange has begun processing reimbursements for former FTX EU customers, marking a significant step in cleaning up the aftermath of the FTX collapse. As the new owner of FTX Europe, Backpack is now responsible for distributing court-approved funds to eligible users.
This initiative follows Backpack’s acquisition of FTX EU earlier this year and positions the exchange as a key player in facilitating one of the few structured recovery processes for affected customers in the region.