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Kraken Reports Zero Exposure To Alameda Despite Holding 9K $FTT

Ayush Pande
Written by:
Ayush Pande
Reviewed by:
Ayush Pande
Kraken Reports Zero Exposure To Alameda Despite Holding 9K $FTT
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).

As per its statement, Kraken has not listed any FTT assets in its futures or spot trading platforms.

Moreover, Kraken’s blog post claimed that the crypto exchange hired Armanino LLP to conduct two Proof-of-Reserve security audits since 2021 to ensure transparency, noting,

“Proof-of-Reserve audits are more precise and immutable than any other form of financial statement and we are one of the first exchanges to perform them regularly.”

Kraken also revealed that its next audit is scheduled for early January 2023.    

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Ever since Sam Bankman-Fried revealed that FTX is facing a liquidity crunch, several platforms have declared their lack of exposure to FTX and Alameda Research.

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Sam Bankman-Fried
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Ayush Pande
Written by:
Ayush Pande
Co-Founder & CEO

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author
Ayush Pande
Reviewed by:
Ayush Pande
Writer

Kraken Reports Zero Exposure To Alameda Despite Holding 9K $FTT

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).
Crypto exchanges
Dot
April 6, 2025
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in
TABLE OF CONTENTS
Dave Ripley; Photo Source: Sacra

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).

As per its statement, Kraken has not listed any FTT assets in its futures or spot trading platforms.

Moreover, Kraken’s blog post claimed that the crypto exchange hired Armanino LLP to conduct two Proof-of-Reserve security audits since 2021 to ensure transparency, noting,

“Proof-of-Reserve audits are more precise and immutable than any other form of financial statement and we are one of the first exchanges to perform them regularly.”

Kraken also revealed that its next audit is scheduled for early January 2023.    

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Ever since Sam Bankman-Fried revealed that FTX is facing a liquidity crunch, several platforms have declared their lack of exposure to FTX and Alameda Research.

FTT
Kraken
Alameda Research
FTX
Sam Bankman-Fried
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Crypto exchanges
November 10, 2022

Kraken Reports Zero Exposure To Alameda Despite Holding 9K $FTT

HomeCrypto exchanges
Blog Post
Contents
Dave Ripley; Photo Source: Sacra

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).

As per its statement, Kraken has not listed any FTT assets in its futures or spot trading platforms.

Moreover, Kraken’s blog post claimed that the crypto exchange hired Armanino LLP to conduct two Proof-of-Reserve security audits since 2021 to ensure transparency, noting,

“Proof-of-Reserve audits are more precise and immutable than any other form of financial statement and we are one of the first exchanges to perform them regularly.”

Kraken also revealed that its next audit is scheduled for early January 2023.    

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Ever since Sam Bankman-Fried revealed that FTX is facing a liquidity crunch, several platforms have declared their lack of exposure to FTX and Alameda Research.

FTT
Kraken
Alameda Research
FTX
Sam Bankman-Fried
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).

As per its statement, Kraken has not listed any FTT assets in its futures or spot trading platforms.

Moreover, Kraken’s blog post claimed that the crypto exchange hired Armanino LLP to conduct two Proof-of-Reserve security audits since 2021 to ensure transparency, noting,

“Proof-of-Reserve audits are more precise and immutable than any other form of financial statement and we are one of the first exchanges to perform them regularly.”

Kraken also revealed that its next audit is scheduled for early January 2023.    

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Ever since Sam Bankman-Fried revealed that FTX is facing a liquidity crunch, several platforms have declared their lack of exposure to FTX and Alameda Research.

Written by
Ayush Pande
FTT
Kraken
Alameda Research
FTX
Sam Bankman-Fried

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