The US-based cryptocurrency exchange Kraken announced that although it had FTX Token (FTT) in its hands at the time of the collapse, the company was not financially affected.
Statements about the collapse of FTX came from the Kraken front. Although they were not exposed to the stock market, FTX and Alameda Research and were not financially affected during the crash, they do have 9 thousand units Native token of FTX FTT announced that he was. FTT in their cold wallets No risk due to this asset, which is not listed in the stock market, futures or spot markets. He underlined that they did not suffer any material damage..
Kraken CEO who is about to leave his post Jesse PowellWhile mentioning that the collapse of FTX was a huge loss, he said that the crypto industry needs to raise its standards. CEO of FTX anonymously Sam BankmanFriedPowell, targeting , made harsh statements on the subject:
Our good and trusting nature makes us easy targets for scammers. Some even tell us they’re here for profit, not crypto directly, and we commend them for their honesty. Yet we are surprised when they turn out to be who they say they are. As the crypto community, we need to raise our standards.
Recently Circle and on Coinbase Many stock markets, including FTX, made detailed statements that they were not affected by the collapse. Compared to Kraken, other crypto companies that made a statement did not hold FTT.