Ex-FTX execs, including general counsel Can Sun, launch crypto exchange Backpack and say they will protect user funds with lessons learned from FTX's failure (Wall Street Journal)

Wall Street Journal:
Ex-FTX execs, including general counsel Can Sun, launch crypto exchange Backpack and say they will protect user funds with lessons learned from FTX's failure  —  Ex-FTX lawyer Can Sun and other former company executives want the new exchange to allow customers to verify holdings at any time