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Amber Group: No contact with Alameda or FTT, with less than 10% of total trading funds locked on the exchange

2022-11-10 01:22:43

ChainCatcher news, the cryptocurrency financial services platform Amber Group announced on Twitter that it has no exposure to Alameda or FTT, with less than 10% of total trading capital tied up on the exchange.

The company stated: "While we have significantly reduced our risk exposure within a week, there are still some withdrawals that have not been processed. Due to strict limits on risk exposure to individual trading venues, this accounts for less than 10% of our total trading capital. It will not pose a threat to our business operations or liquidity." (source link)

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