Crypto.com CEO Urges Regulatory Scrutiny After $19 Billion Liquidations
Regulators should conduct a thorough investigation of cryptocurrency exchanges where traders suffered the most significant losses during a record liquidation exceeding $19 billion, stated Crypto.com CEO Kris Marszalek.
Regulators should look into the exchanges that had most liquidations in the last 24h and conduct a thorough review of fairness of practices. Any of them slowing down to a halt, effectively not allowing people to trade? Were all trades priced correctly and in line with indexes?…
