Backpack has completed the acquisition of FTX EU and will start the user fund return process today

cryptocurrency trading platform Backpack has officially completed the acquisition of FTX EU. Starting today, Backpack EU has officially initiated the asset recovery process and fund distribution process, providing clear and convenient fund return services to former FTX EU users, helping users recover fiat assets that were previously frozen. After this acquisition is completed, Backpack will re-enable the license held by FTX EU and will provide comprehensive cryptocurrency derivative trading services within the European Union in the future.