PANews reported on July 18 that, according to Backpack Chinese, Backpack has officially opened the FTX debt sale channel. This service is non-profit and completely neutral, aimed at helping global FTX debt holders connect with third-party buyers to facilitate debt sales. The process includes real-name verification, debt validation, quote confirmation, and settlement payment, with no fees charged by the platform throughout the entire process. Backpack reminds users that debt sales are voluntary actions, and users should make careful decisions based on their own circumstances.

Previously, the community reported that Backpack would open a debt claim channel for FTX users in China and Russia.