But the troubling past of CEO and cofounder Kris Marszalek is now the subject of interest. It appears that before cofounding Crypto.com, he ran an Australian company that shut down abruptly angering customers and business partners who claimed they were defrauded, according to the សត្វតិរច្ឆានប្រចាំថ្ងៃ។
The company in question was called Ensogo and was a kind of Groupon, in other words it offered online coupons. But in June 2016, Ensogo abruptly closed, almost simultaneously with the departure of Marszalek, who joined Crypto.com. Sellers and buyers had not been notified of the closure of the platform.
“The Board of Ensogo Limited (E88) wishes to advise that it has accepted the resignation of CEO, Mr Kris Marszalek, effective 20 June 2016,” the company បានប្រកាសនៅក្នុងសេចក្តីថ្លែងការណ៍មួយ on June 21, 2016. “Mr Marszalek is a co-founder of E88 and has been the CEO since August 2014. The Board is yet to announce the appointment of a new CEO.”
The same day, Ensogo asked the stock market authorities to delist the company. It also told them that it planned to shut down the platform for financial reasons.
“E88 no longer intends to provide financial support to any of its subsidiaries which conduct the Company’s flash sales and marketplace businesses,” the company wrote in a ឯកសារបទប្បញ្ញត្តិ . “The voluntary suspension is requested as the withdrawal of financial support is likely to result in the shutting down of those subsidiaries (which may include a form of voluntary administration for those subsidiaries).”
Hong Kong newspaper The Standard សរសេរ that buyers and sellers on Ensogo’s platform were blindsided by the closure and were left with losses. Some sellers reportedly told police they had been defrauded.
Marszalek had co-founded the company, but according to Crypto.com spokesperson Matt David, he no longer had control, nor was he a member of the board that made the decision to shut down the platform, the spokesperson told TheStreet.
“Kris started Beecrazy in 2010. He built it into a profitable e-commerce business. In December 2013, the business was acquired as part of a rollup and IPO by iBuy Group, controlled by Malaysia-based Catcha Group,” David explained.
“In 2014, Kris was asked by Catcha Group to lead the turn-around of iBuy Group. The rolled-up companies took on the name Ensogo. In mid 2016, the Catcha-controlled board decided to shut down Ensogo against Kris’s wishes and advice,” David said.
He continued: “Kris did not hold a board seat and held a low single digit percentage stake in the business at the time. He resigned in response to the proposed shutdown. The shutdown angered many customers and consumers – one of the reasons Kris was opposed to the decision. There was never a finding of wrongdoing under Kris’s leadership.”
No Back Door ក្នុងនាមជាការផ្លាស់ប្តូរគ្រីបតូ FTX បានប្រតិបត្តិការបញ្ជាទិញសម្រាប់អតិថិជនរបស់ពួកគេ ដោយយកសាច់ប្រាក់របស់ពួកគេ និងទិញរូបិយប័ណ្ណគ្រីបតូជំនួសពួកគេ។ FTX ដើរតួជាអ្នកថែរក្សាដោយកាន់រូបិយប័ណ្ណគ្រីបតូរបស់អតិថិជន។
Crypto.com operates in the same capacity.
បន្ទាប់មក FTX បានប្រើទ្រព្យសកម្មគ្រីបតូរបស់អតិថិជនរបស់ខ្លួន តាមរយៈដៃពាណិជ្ជកម្ម Alameda Research របស់ក្រុមហ៊ុនប្អូនស្រីរបស់ខ្លួន ដើម្បីបង្កើតសាច់ប្រាក់តាមរយៈការខ្ចី ឬការធ្វើទីផ្សារ។ សាច់ប្រាក់ FTX ដែលបានខ្ចីត្រូវបានប្រើដើម្បីធានាពីស្ថាប័នគ្រីបតូផ្សេងទៀតក្នុងរដូវក្តៅឆ្នាំ 2022។
ក្នុងពេលជាមួយគ្នានេះ FTX កំពុងប្រើប្រាស់រូបិយប័ណ្ណគ្រីបតូដែលវាកំពុងចេញ FTT ជាវត្ថុបញ្ចាំ តារាងតុល្យការ . នេះតំណាងឱ្យការប៉ះពាល់យ៉ាងសំខាន់ ដោយសារតែហានិភ័យនៃការប្រមូលផ្តុំ និង ភាពប្រែប្រួល នៃ FTT ។
“We don’t leverage our customers’ crypto,” David said. “Our system doesn’t allow us to send money to outside accounts or to random addresses.” He added that they “back customers 1:1,’ meaning that they have not borrowed money against their customers’ assets.
The spokesperson also claimed that Crypto.com does not have a back door that would allow its executives to alter the books without the knowledge of third parties like auditors and investors.
“We don’t have a back door,” David said.
ហិរញ្ញវត្ថុរបស់ FTX បានបង្ហាញថាមាន "ទ្វារខាងក្រោយ" នៅក្នុងសៀវភៅដែលត្រូវបានបង្កើតឡើងដោយ "កម្មវិធីផ្ទាល់ខ្លួន" នេះបើយោងតាម Reuters ។ វាត្រូវបានពិពណ៌នាថាជាមធ្យោបាយដែល Bankman-Fried អាចផ្លាស់ប្តូរកំណត់ត្រាហិរញ្ញវត្ថុរបស់ក្រុមហ៊ុនដោយមិនមានការជូនដំណឹងណាមួយឡើយ។
ប៉ុន្តែ Bankman-Fried បានបដិសេធថាមិនមាន "ទ្វារខាងក្រោយ" ។
Crypto promises to release an audit about its balance sheet “within 30 days.”
The company, which is based in Singapore, is privately held. As a result it doesn’t have to publish his financial records.
Marszalek lives in Hong Kong.