On April 1st, according to official sources, the globally compliant crypto asset trading platform Backpack officially announced the completion of its acquisition of FTX EU. Starting immediately, Backpack EU has formally initiated asset recovery and fund distribution procedures, providing clear and convenient fund return services for former FTX EU users, helping users reclaim their previously frozen fiat assets.
Following the completion of this acquisition, Backpack will reactivate the licenses held by FTX EU and will provide comprehensive cryptocurrency derivatives trading services within the European Union in the future.
