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Defiant Explains Kraken Proof of Reserves and Its Limits

The Defiant published an explainer on how to read Kraken's proof of reserves and what it does not prove. The post states that Kraken's June 2026 snapshot separates customer-balance inclusion from wallet control, and that neither alone guarantees solvency or withdrawal access.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 52/100. How labels work

What the sources claim

  1. Kraken's June 2026 proof-of-reserves snapshot separates customer-balance inclusion from wallet control.

    “Kraken’s June 2026 snapshot separates customer-balance inclusion from wallet control.”
    The Defiant
  2. Neither customer-balance inclusion nor wallet control alone guarantees solvency or withdrawal access.

    “Neither alone guarantees solvency or withdrawal access.”
    The Defiant

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-01 09:30 UTC. Labels are computed from the sources, not by the model.