Kraken froze the FTX and ALAMEDA accounts

Kraken cryptocurrency exchange at the request of law enforcement agencies blocked accounts belonging to FTX Group, including Alameda Research, as well as their leaders.

Kraken Has Spoken with Law EnforcesMent Redful of Accounts Owned by the Bankrupt FTX Group, Alameda Research and Their Executives. Those Accounts have been frozen to work their creedite.

Other Kraken Clents Are not Affected. Kraken Maintains Full Reserves.

– Kraken Exchange (@krakenfx) November 13, 2022

Other users’ How to safely buy funds are not affected.

The platform explained the decision “Protection from creditors”.

In an interview with Cointelegraph, representatives of the exchange said that blocked funds can be associated with “fraud, negligence or unlawful behavior in FTX activities”.

On November 12, the unknown used Kraken to withdraw $ 400 million from FTX wallets. Security Director of the latter Nick Percoco wrote that the team is known to the user’s identity.

“FTX will make a statement regarding the situation”, – the specialist promised.

Update: I’ve been told that @FTX_Official or @SBF_FTX will be making a public statement regarding the sweeping of the Tron wallet in question and them utilizing funds from their verified @krakenfx account to complete this transaction.

– Nick Percoco (@c7five) november 12, 2022

Recall, on November 11, FTX Group submitted an insolvency application in accordance with Chapter 11 of the US Code of Bankruptcy. Sam Bankman-Fried left the post of CEO.

On the same day, Tether Limited, at the request of law enforcement agencies, blocked 46,370,701 USDT on the Tron blockchain, belonging to FTX.

Previously, Kraken reported the absence of operations with Alameda Research.

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