Coinbase CEO Brian Armstrong made statements about the current situation in the market. The CEO said that Coinbase has no exposure to FTX, Alameda or FTT and has no liquidity issues.
Coinbase CEO Armstrong in sharing, Binance-FTX deal then the latest on the market Coinbase is not in danger of liquidity made statements to that effect. In the CEO statement, Coinbase has no FTT position and in no way FTX or Alameda ResearchHe reported that he had not been exposed to
Addressing the liquidity shortage experienced by the FTX side, Armstrong said that Coinbase has always been in this area. most reliable player He underlined that he is trying to be a good person and that he is not involved in such risky activities. Unless managed by users that they do not strictly take any action with customer funds. stating the CEO, that they hold all customer assets in dollars and Users can withdraw their money whenever they want. expressed.
Armstrong also noted that such events, Why the cryptocurrency market needs tougher regulations He said he showed up.