Kraken Says it Has No Deals with Alameda Research
Reading Time: < 1 minute
Crypto exchange Kraken has announced that despite it holds about 9,000 FTX utility tokens (FTT) on its balance sheet, it does not interact with Sam Bankman-Fried’s trading firm Alameda Research.
According to the statement:
“We did not list FTT. The events around FTX did not materially affect Kraken.”
The US-based trading firm has drawn attention to the fact that since 2014 they have agreed with Armanino, one of the top 25 audit firms, to conduct regular audits of reserves. According to the report, this procedure is more accurate than any other form of financial reporting.
Binance CEO Changpeng Zhao promised yesterday to similarly confirm the platform’s reserves due to the FTX crisis.
Follow and like us on
