Again Crypto.com Makes Mistake and Accidentally Sends 320K ETH to Gate.io There is a concern about the crypto exchange's mismanagement of funds. So every cryptocurrency exchange is trying to show they have the funds that they are supposed to have so that it can regain the confidence of users. There are suspicious transactions on crypto.com's cold wallet. Noticing a transfer of 320K ETH from the crypto.com cold wallet to the Gate.io wallet raises the question. Crypto.com CEO Kris Marszalek said that they wanted to send the ETH to a new cold store address, but sends it to an external address. Do you think that is just a mistake or they did do that intentionally? Later Crypto.com CEO Kris Marszalek confirmed that Gaite.io sends the ETH back to crypto.com cold storage wallet. It's not over yet. Only 285K ETH returned to Crypto.com cold wallet, so what happened to the rest of 35K ETH? It did not return to the same wallet address, instead, it was sent to a different wallet address that is not confirmed by crypto.com.
4 comments
Again, there is something shady going on. The good thing about crypto is that the transactions are visible so we can follow who is up to no good.
The way crypto.com acts, there is a chance it can be the next FTX.
I don't think it was done by mistake. Just in time with the hullabaloo regarding FTX. They aren't just shady. They're becoming clowns too.
It is not just that you press a button, and it's done, the crypto has been transferred. Before making a big transaction, they check it out carefully and then confirm that. Do they think people are fools and they can make them believe anything? 🤐