that it has a $76.8 million exposure to FTX. Of that, $47.5 million is"in the withdrawal process," according to the company., but that it has no exposure to Alameda. "We have not listed the FTT token on our spot or futures exchanges and Kraken is not affected by the recent FTX news in any material way," said the company in a statement.
by The Block. About 10% of the assets under management in its Master Fund were still pending withdrawals on the exchange as of the morning of Nov. 9. These assets include bitcoin, ether and U.S. dollars.Selini Capital has about 3% of its assets directly on FTX that it hopes to get back, the company’s chief investment officer Jordi Alexander told The Block in an interview.
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Binance Bails On FTX Acquisition — Here’s What Led To The FTX Crypto CrashBinance will back out of its agreement to buy rival cryptocurrency exchange FTX, Binance said Wednesday afternoon, the latest in the sudden unraveling of billionaire Sam Bankman-Fried’s crypto titan FTX once valued at $32 billion. Holy shit😭😭😭 Good morning, Forbes. This was posted by Binance like 5h ago. Thanks for playing ..
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