Coinbase released a statement

Coinbase released a statement saying they have no exposure to the FTT (FTX) token and that they hold about $15 MIL in deposits on there. They hold no other interest in FTX.

Coinbase stock dipped pretty hard on the FTX news but has recovered.

I believe we can take statement as more truthful than FTXs statement that everything is fine. Coinbase is a public company.

However, as always, DYOR. Take everything with a grain of salt.

I’m pissed FTX is in this predicament. I liked the platform. It sucks. DCA and live life. Good luck out there.