Quote:
Originally Posted by flames_fan_down_under
Wouldn't it be better for Crypto.com to show those holdings in reserve as a ratio relative to liabilities? Unless I am missing something. That just shows they have 3 billion in reserves....seeing as FTX overnight owed 8 billion it wouldn't take long for a similar run on Crypto.com.
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Yes, if they showed their liabilities it would clear up almost all concerns.
We are now through the weekend after a hard FUD against them. Nobody has reported any issues with withdrawals so far. The rest of the week will be interesting as I'm sure more exchanges will fall.