Avalanche: No significant risk exposure to FTX or Alameda

ChainCatcher news, Avalanche tweeted that there is no significant risk exposure to FTX or Alameda, and the Avalanche Foundation does not have any large amounts held in FTX, with less than 0.02% of its treasury assets (including some illiquid tokens) listed on the exchange. Furthermore, Avalanche has never sold tokens as private token sales to companies.

Avalanche stated that the foundation does not use its assets for speculation and will not take risks for short-term gains, and will never engage in the kind of "financial engineering" seen on the balance sheets of FTX and Alameda. They express sympathy for all those adversely affected by the current situation and hope everyone can recover their assets. (source link)