After Binance rejected the acquisition of FTX after discovering uncontrollable financial vulnerabilities, rumors surfaced that FTX approached Kraken as a potential partner.
In an interview with Fortune, David Ripley, the incoming CEO of crypto exchange Kraken, denied the rumours. He stated that the rescue of FTX was never involved, and will not say more.
“We’re constantly getting more inbound acquisition inquiries than I myself can keep track of, but there was never any legitimate discussion on acquiring FTX at any point,(…). It wouldn’t make sense for Kraken on a number of fronts.”
He said
David Ripley also emphasized that Kraken does not have any risk associated with FTX, DCG or any entity related to SBF, even bluntly stated that FTX and SBF are completely scams, even is a thief.
“I think, what it boils down to from all the information we have [and] this bankruptcy report that has now been released is that FTX and SBF are complete frauds – not just frauds, but thieves,”
Ripley said
Previously asked about SBF’s scam allegations, Binance CEO CZ also expressed surprise and shared that he also recently realized.
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
Foxy
Coincu News
Bitcoin Spot ETF Inflows have reached $510 million as of November 13, marking six consecutive…
Solana DEX trading volume reached historic highs, exceeding $5 billion daily for three days. Raydium…
Phantom iOS users are warned that a recent app update caused some users to log…
Japanese crypto exchange Coincheck is set to become the first Japanese crypto exchange to list…
The US DOJ investigates Polymarket for Alleged Illegal US User Bets Polymarket, for allegedly permitting…
Ethereum’s ICO was priced at around $0.30 per token, and today, it’s valued in the…
This website uses cookies.
