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Crypto.com Trimmed $1 Billion FTX Exposure to $10 Million

Crypto.com Trimmed $1 Billion FTX Exposure to $10 Million

CEO of Crypto.com, Kris Marszalek, revealed in a live YouTube public interview that his exchange only has a $10 million exposure to collapsed rival, FTX. Earlier this year, Crypto.com had about $1 billion on the doomed exchange.

"We recovered $990 million from FTX," Marszalek said in the ask-me-anything (AMA) session hosted on Crypto.com's official YouTube channel. "We on... Read More

Posted: Nov 14 2022, 12:20
Author Name: financemagnates
Views: 102444

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