According to the WSJ, former FTX general counsel Ken Sun is the head of the Backpack exchange.
Previously, BackPack received a license in Dubai and reached a valuation of $100 million.
Sun is the head of Trek Labs, which runs Backpack. It also employs other former FTX legal employees.
Sun previously testified against Sam Bankman-Fried and denied any knowledge of FTX's fraudulent schemes.
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