Crypto exchange Crypto.com is under the microscope after sending $405 million to the wrong recipient, raising alarm bells among crypto watchers after the whirlwind unraveling this week of competitor exchange FTX, which filed for bankruptcy on Friday.
Some crypto watchers scrutinizing the transaction speculated it was an attempt to fluff trading volumes. Complicating the hoopla, the analyst who first caught the transaction turned out to be an employee of rival exchange, Coinbase.
It also…
Source link
