FTX vs Kraken

FTX was a Bahamas-based cryptocurrency exchange that collapsed in November 2022 in a multi-billion-dollar fraud after customer deposits were funneled to affiliated trading firm Alameda Research; it ceased operations and filed for bankruptcy.

Blockchain / Crypto

Kraken

Veteran US cryptocurrency exchange expanding into tokenized equities, derivatives, and its own Ink Layer-2, widely expected to pursue an IPO.

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