A team of former FTX and Alameda Research employees have secured $17 million in funding to establish Backpack, a crypto exchange. Moreover, the team has stepped in to address the gap left by the downfall of their former employer Sam Bankman-Fried’s crypto empire. Former FTX & Alameda Employees Acquire $17 Million Seed Funding Backpack, headquartered The post Former FTX & Alameda Execs Secures $17 Mln Funding For Dubai Crypto Startup appeared first on CoinGape .