Crypto.com CEO Kris Marszalek came online to answer pressing questions from the industry after a weekend of simmering in hot water in the wake of FTX’s filing for Chapter 11 bankruptcy protection.
បន្ទាប់ពីការ ចេញផ្សាយ cold wallet addresses for the platform’s largest assets in a push to increase transparency on Friday, a user បានបង្ហាញ an allegedly accidental transfer of $4 million to a whitelisted external exchange address — which កូរ users to withdraw funds.
Other concerns that Crypto.com had sent $1 billion worth of stablecoins to FTX ចែកចាយ on Twitter — something Marszalek addressed on a YouTube live stream. “Over a year, $1 billion was moved to FTX,” they said, បញ្ជាក់ជាថ្មី: “We recovered all of this. We only had an exposure of $10 million when FTX shut down.”
Marszalek added that the exchange did “hedge some of their customer orders there,” as FTX was “one of the few exchanges with decent liquidity for some of the coins.”
“Those are the facts, and everything else is FUD,” Marszalek said on the video.
Marszalek pointed out that Crypto.com generated $1 billion in revenue over 2021 and 2022. They also said an external audit report should be expected in the coming weeks — to prove Crypto.com has “full one-to-one reserve coverage.”
រក្សាសិទ្ធិគ្រប់យ៉ាងដោយឆ្នាំ ២០២០ ។ អត្ថបទនេះត្រូវបានផ្តល់ជូនសម្រាប់គោលបំណងព័ត៌មានតែប៉ុណ្ណោះ។ វាមិនត្រូវបានផ្តល់ជូនឬមានបំណងត្រូវបានប្រើជាច្បាប់ពន្ធការវិនិយោគហិរញ្ញវត្ថុឬដំបូន្មានផ្សេងទៀតទេ។
Source: https://www.theblock.co/post/186601/crypto-com-ceo-claims-1-billion-recovered-from-ftx-exposure?utm_source=rss&utm_medium=rss