14
Nov
After the shocking downfall of crypto exchange FTX, other centralized crypto exchanges have found themselves under the microscope and this applies to Crypto.com as well. Customers of the exchange became quite concerned after Kris Marszalek, the CEO, acknowledged that they had accidentally sent about 320,000 ETH tokens to a public address that was registered at a rival exchange. At the time of the transaction, the tokens were valued at $400 million. Accidental transaction Etherscan’s blockchain records show that Crypto.com transferred about 80% of its total ETH reserves on October 21st to an address on competitor exchange Gate.io. This was just…