Kraken’s new CEO has denied the rumors of acquiring FTX and called FTX and SBF “thieves”.
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
Author
News
New CEO Kraken Denies FTX Acquisition Rumors
Kraken’s new CEO has denied the rumors of acquiring FTX and called FTX and SBF “thieves”.
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
Other Posts
Related Posts
Latest
Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?
Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy
Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges
Press Release
Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?
Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges
