Kraken's proof of reserves snapshot raises concerns

The Defiant reports that Kraken's June 2026 proof of reserves snapshot distinguishes between customer balances and wallet control. This separation doe...

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

The Defiant reports that Kraken's June 2026 proof of reserves snapshot distinguishes between customer balances and wallet control. This separation does not ensure solvency or guarantee withdrawal access for users, highlighting potential limitations in the exchange's transparency.

AI-assisted source briefing. Based on the The Defiant report; not independently verified.

Source published: Sun, 01 Nov 2026 09:20:09 GMT

[Read the original report](https://thedefiant.io/news/cefi/how-to-read-kraken-s-proof-of-reserves-and-its-limits)

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