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A year after the FTX crisis, former employees are launching a new crypto exchange. To reassure users that their funds are safe, Backpack Exchange will deploy an A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX Ex-FTX general counsel Can Sun and other former company executives aims to solve the problems that doomed their previous employer with the new cryptocurrency Former FTX and Alameda employees launched Backpack, a Dubai-based crypto exchange, raising $17 million for a $120 million valuation. Backpack, offering a crypto A collection of FTX’s former executives is set to launch a brand new crypto exchange. Led by the collapsed company’s general counsel, Can Sun, the Wall Street Journal reported that the Ex-FTX lawyer Can Sun is leading the way with Trek Labs, a Dubai-based startup that received a license to offer cryptocurrency services in the region in late October. Former FTX general counsel Can Sun, who played a pivotal role as a key witness in the trial against Sam Bankman-Fried (SBF), is joining forces with other ex-FTX Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.

Former FTX Executives Launch Brand New Crypto Exchange: Backpack Exchange

A year after the FTX crisis, former employees are launching a new crypto exchange. But can it be trusted? The answer lies in the details. Backpack Exchange will deploy advanced security measures to reassure users that their funds are safe.

A collection of FTX’s former executives is set to launch a brand new crypto exchange. Led by the collapsed company’s general counsel, Can Sun, the Wall Street Journal reported that the initiative aims to bring a fresh perspective to the crypto trading landscape.

Ex-FTX general counsel Can Sun and other former company executives aims to solve the problems that doomed their previous employer with the new cryptocurrency exchange, Backpack. Former FTX and Alameda employees launched Backpack, a Dubai-based crypto exchange, raising $17 million for a $120 million valuation. Backpack, offering a unique approach to security and transparency, hopes to distance itself from the shadows of its predecessor.

Can Sun Leads the Charge: A New Era for Crypto Trading?

Ex-FTX lawyer Can Sun is leading the way with Trek Labs, a Dubai-based startup that received a license to offer cryptocurrency services in the region in late October. A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the venture seeks to leverage experience and innovation.

Former FTX general counsel Can Sun, who played a pivotal role as a key witness in the trial against Sam Bankman-Fried (SBF), is joining forces with other ex-FTX employees to build this new platform. Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud. Will this venture restore confidence in the crypto world?

Backpack, the new exchange, is headquartered in Dubai and represents a significant step for the former FTX team. The question remains: can they truly rebuild trust and offer a secure and reliable crypto trading experience?

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