Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX

Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX

The company said it has minimal exposure to struggling crypto exchange FTX, with just $15 million on deposit there to facilitate business operations and customer trades. Coinbase further said it has no exposure to FTX’s token FTT – which has plunged about 80% today – and no exposure to FTX sister company Alameda Research.

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