A recent report by the Financial Times revealed Crypto.com operates proprietary trading and market-making teams.
A report by the Financial Times revealed that Singapore-based crypto exchange Crypto.com has teams trading tokens for profit. Citing five unnamed people with direct knowledge of the company’s trading practices, the report indicates that the exchange operates proprietary trading and market-making teams.
One of the persons with direct knowledge about the exchange’s trading teams said executives at Crypto.com gave external trading houses “absolutely dramatic sworn statements that Crypto.com was in no way involved in trading.” Another person said employees at the exchange were asked to “say there is no internal market maker type operation.”
Crypto.com denied these claims and said employees were not asked to lie to other trading houses. The exchange conceded that it does have an internal market maker but said, “This is not a controversial practice.”
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We współpracy z: https://cryptodaily.co.uk/2023/06/cryptocom-trading-practices-called-into-question
