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Wu Blockchain (@WuBlockchain): A group of former FTX and Alameda Research employees have raised $17 million to build out a crypto exchange called Backpack. It reached a $120 million…

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A group of former FTX and Alameda Research employees have raised $17 million to build out a crypto exchange called Backpack. It reached a $120 million valuation with the Series A round. Co-founder, Can Sun, was FTX’s former general counsel. https://www.bloomberg.com/news/articles/2024-02-28/ftx-alameda-alum-raise-17-million-for-crypto-exchange-backpack

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