๐ŸŽ™๏ธ @Backpack had nearly 90% of its capital on FTX when it collapsed. The company was dead.

First reported Oct 19, 2026, 19:36 UTC

Source reports

  • ๐ŸŽ™๏ธ @Backpack had nearly 90% of its capital on FTX when it collapsed. The company was dead. Now @armaniferrante is building a single globally regulated exchange, with one order book for crypto and stocks. The full story with @CamiRusso ๐Ÿ‘‡๐Ÿป โ€” @DefiantNews (X), Oct 19, 2026, 19:36 UTC

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