Backpack Exchange, a cryptocurrency platform founded by former FTX and Alameda Research employees, has officially acquired FTX EU, the European arm of the defunct FTX exchange. The acquisition has been approved by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), signaling a strategic move for Backpack’s expansion across the European Union. The post Backpack Exchange Acquires FTX EU In Crypto Recovery appeared first on CryptoCoin.News .