Crypto.com (CDC) is currently facing mass withdrawals after numerous ‘influencers’ said people should withdraw. The catalyst was an ‘accidental’ transfer of 320,000 eth from CDC to Gate.io on October 21st. Crypto.com’s CEO addressed public concerns about its financials following FTX’s collapse. Marszalek added that the exchange did “hedge some of their customer orders there,” as FTX was “one of the few exchanges with decent liquidity for some of the coins.”
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