US-based cryptocurrency exchange Kraken has frozen at the request of the authorities the accounts belonging to FTX Group, which recently filed for bankruptcy, those of Alameda Research, as well as those of its leaders.
According to the platform, it has taken the decision to protect creditors. In addition, other users' funds have not been affected by the block.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
The exchange has said the blocked funds could be related to "fraud, negligence or misconduct in FTX operations".
Last November 12, an unknown person used, among other things, Kraken to withdraw $400 million from FTX wallets. Kraken security director Nick Percoco has said the team knows the identity of the user and that "FTX will make a statement on the situation."
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange
FTX Group filed for Chapter 11 bankruptcy protection under the US Bankruptcy Code on November 11.