**Backpack Straps on FTX EU: A New Chapter in Crypto!** ๐
- Former FTX and Alameda Research employees have launched Backpack, a centralized exchange, acquiring FTX EU's assets.
- With court and CySEC approval, Backpack is set to expand in the EU, offering crypto derivatives like perpetual futures.
- Backpack EU will handle fund distribution to FTX EU customers, aiming for a Q1 2025 launch.
- CEO Armani Ferrante emphasizes swift customer restitution to rebuild industry trust.
Stay tuned for updates as Backpack gears up for its European adventure!