FTX Disputes Backpack’s Claims on EU Acquisition and Creditor Repayments 🌀
FTX has disputed Backpack's recent claims about acquiring its European subsidiary, FTX EU. The controversy comes amid ongoing bankruptcy proceedings of FTX. Backpack's announcement also included statements about creditor repayments, which have been met with skepticism from various stakeholders. This situation adds another layer of complexity to FTX's financial woes as it navigates its restructuring process.
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