A few months ago, Crypto.com (CRO) sent from one of its wallets a significant sum in the crypto Ethereum. A sum of about $400 million is what we are talking about. It would amount to around 80% of Crypto.com’s reserves in Ethereum. The result? A dramatic drop in the crypto CRO, the exchange’s token.
What has raised suspicions and alerted investors is that albeit mistakenly, the cryptocurrency sum was sent to a wallet owned by Gate.io, a rival exchange platform.
The CEO of Crypto.com says it was a mistake, but the consequences reflect on the crypto CRO
Following the failure of FTX, the ecosystem of the crypto world is indeed fragile, and any movement that may arouse suspicion is questioned by investors.
In this case, we are talking about a transfer worth $400 million, which according to Crypto.com CEO Kris Marszalek was apparently just a mistake.
There has been much discussion about this move; the transfer was made to a wallet of a rival exchange, namely Gate.io, but after
We współpracy z: https://en.cryptonomist.ch/2022/11/14/crypto-coms-wrong-loses-16/
