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Cryptocurrency Cointelegraph

FTX says Backpack acquisition of EU arm has not been approved by court

FTX said that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX says Backpack acquisition of EU arm has not been approved by court

FTX said that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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