Kris Marszalek moves to reassure customers that the crypto.com exchange is sound and takes no risks as a crisis of confidence remains evident across the sector.
The boss of cryptocurrency exchange Crypto.com has hit out at « naysayers » questioning its financial health amid jitters across the market following the collapse of rival exchange FTX.
Kris Marszalek, chief executive of Singapore-based crypto.com, insisted it had a robust balance sheet and took no risks after investors took to Twitter over the weekend to question a transfer of $400m of ether tokens to another exchange.
He used a ‘ask me anything’ discussion via YouTube to address the speculation over the 21 October transfer, which the Wall Street Journal reported had sparked a series of withdrawals, saying the tokens had been recovered.
« At no point were the funds at risk of being sent somewhere they could not be retrieved.
