CoinUnited has no material exposure to Alameda, FTX, or FTT. CoinUnited has never lent money to FTX or Alameda, never accepted FTT as collateral, and has never traded or held positions in FTT.
CoinUnited has never engaged in high risk activities because we have always strived to be the most trusted company in the cryptocurrency sector.
We hold ourselves to highest standards of greater transparency and accountability. Our legal team has consistently reviewed the latest update from the regulators and we are in good progress for the new licensing system. Everything is in good hands and we will make announcements once everything is concrete. We'll continue to work with regulators and peers around the world and help build trusted and reliable products for the industry.
Through up and down of crypto over the volatile moment, we are in an even stronger position, as we keep working to be the most trusted for people to get involve in crypto.