Previously, FTX's debts could be directly transferred to Backpack for cash at a discount rate of about 88%.

Chinese users can also register; if you had an old FTX account, you can log in with your username and password, and the debt transfer price is approximately 88%.

The prerequisite is that you need to register a Backpack account first. Registering through this link will waive 10% of the fees.

https://backpack.exchange/refer/bc295f2f-a46d-4edd-b5b4-690a345747b6

Then go to this link

backpack.exchange/ftx-claims

Next, choose to accept the offer, complete facial recognition KYC, and then wait to receive your payment. You will need to wait about 2 working days.

So, the officially designated successor of FTX (the one that won't run into issues) is known now, right?