Kraken Maintains It Has No Exposure To Alameda Despite Holding FTT Tokens

Another crypto exchange denied involvement in the FTX crisis, this time Kraken.

The troubled exchange FTX’s native token, FTT, is held by cryptocurrency exchange Kraken, which claimed to have no exposure to Alameda Research.

In the wake of Binance’s cancellation of the FTX acquisition agreement, it seems that the concern with the FTT token is becoming more pronounced as its price has dropped by more than 50% today.

However, Justin Sun suddenly said that he was looking for a solution for Sam Bankman-Fried’s exchange.

In addition, other crypto companies such as Tether, BitMEX, or Amber Group also confirmed that they are not compatible with FTX and Alameda.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News