Backpack Exchange and the FTX estate are embroiled in a disagreement over the ownership of FTX EU. This conflict has sparked questions and debates about how assets should be transferred and how creditors should get repaid.
The situation escalated after Backpack Exchange made recent claims regarding FTX EU, intensifying the dispute. The outcome of this clash could impact how creditor payments are handled and set precedents for similar cases in the crypto world.
