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Coinbase Says It Has No Exposure To FTX
Summary: Coinbase said it has minimal exposure to the struggling crypto exchange FTX and it has only $15 million of deposit on the exchange. The company also said it has no exposure to FTX’s token FTT nor FTX’s sister company Alameda Research. “There can’t be a ‘run on the bank,” the company said in a statement, ...
Coinbase said it has minimal exposure to the struggling crypto exchange FTX and it has only $15 million of deposit on the exchange.
The company also said it has no exposure to FTX’s token FTT nor FTX’s sister company Alameda Research.
“There can’t be a ‘run on the bank,” the company said in a statement, referencing its audit reports showing customer assets to be fully backed.
Author: Katie Lin
Last Update:
Tags: Alameda Research,Coinbase,FTT,FTX
Link: Coinbase Says It Has No Exposure To FTX [Copy]
Tags: Alameda Research,Coinbase,FTT,FTX
Link: Coinbase Says It Has No Exposure To FTX [Copy]
