Crypto.com CEO says withdrawals working, will continue to work

[Jan]

Crypto.com assures withdrawals will keep working

Crypto.com Chief Executive Officer Kris Marszalek said withdrawals from the platform are working and will continue to work, moving to reassure markets unnerved by the sudden collapse of rival FTX.com.

Marszalek, speaking Monday in a livestreamed Q&A session, repeated that the company has less than $10 million of exposure to FTX and a "very strong balance sheet."

 

[Sensorei]

$CRO up 25%+ since lows of yesterday.

 

[elp]

If you have anything in ANY crypto exchange you should get out now. Just assume that all of them are lying about reserves.

You'll thank me later.

 

[Fulcrum29]

If you have anything in ANY crypto exchange you should get out now. Just assume that all of them are lying about reserves.

You'll thank me later.

Tell it to those who have staked in ETH 2.0, unlike SOL it isn't going to be unlocked, ETH needs that PoS. Any long-term staking is a high risk. All good up to now, but it is now known that magic numbers are going around so those liable will want to reduce said numbers to be regulatory approved.

Personally, I think some people also lost their investment. Whoever is last to withdraw will be in the danger zone.

I still trust Binance and OKX. CZ and Jaystar are both adopter punters putting themselves on the public stage, I don't see them wanting to crash and burn. Sam hid in the Bahamas and amongst his promoters.