Crypto’s Reckoning: From Billion Dollar Dreams to Courtroom Realities
Once the poster children of digital innovation and financial revolution, several high-profile crypto executives now find themselves navigating prison corridors instead of trading platforms. The sentencing of Celsius Network’s former CEO, Alex Mashinsky, to 12 years in prison marks yet another dramatic chapter in a series of crypto collapses that
Backpack Exchange Acquires FTX EU, Eyes Regulated Crypto Derivatives Market
In a strategic move set to reshape Europe’s crypto trading landscape, Backpack Exchange has acquired the European arm of the bankrupt FTX empire, FTX EU, for $32.7 million. This acquisition positions Backpack as a leading player in the burgeoning regulated cryptocurrency derivatives market across Europe. A MiFID II-License and New