Crypto Updates Trimmed $1 Billion FTX Exposure to $10 Million Releases Cold Wallet Addresses of Select ‘Largest Assets’

CEO of, Kris Marszalek, revealed in a live YouTube public interview that his exchange only has a $10 million exposure to collapsed rival, FTX. Earlier this year, had about $1 billion on the doomed exchange.

“We recovered $990 million from FTX,” Marszalek said in the ask-me-anything (AMA) session hosted on’s official YouTube channel. “We only had an exposure of $10 million when FTX shut down.”

He further highlighted that an audit of’s books is ongoing, which will bring further transparency to the exchange’s operations. However, the audit process might take some time as, according to Marszalek, audit firms “don’t work at crypto speed.”

He also assured of the normal withdrawals on the exchange

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