Crypto.cоm CEO Kris Marszalek has taken Social Media as a stage holding an AMA session to reassure customers that their funds are safe and that company is in good standing.
This comes from some Tweets over the last weekend stating that Crypto.cоm could be next to follow FTX and that the exchange mistakenly sent more than 80% of their ETH holdings or about $400 million worth of crypto to another crypto exchange.
Even CZ of Binance has commented on Twitter that an exchange suddenly moving large amounts of crypto like that "is a clear sign of problems." He added, "Stay away."
As we see the crypto market trembling before our eyes, investors are advised to take serious caution before stationing their money in an exchange.
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