Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy

Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy


On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet addresses shared are the company’s cold wallets.

Crypto.com CEO Kris Marszalek Shares Company’s Cold Wallet Addresses, Promises Full Audit Soon

On Nov. 8, 2022, amid the collapse of one of the top cryptocurrency exchanges worldwide, FTX International, Crypto.com CEO Kris Marszalek told his Twitter followers that it was a “sad day for the industry.” Marszalek also added that the company has little direct exposure to FTX and stressed that his exchange “never engaged in irresponsible lending.”

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“Our direct exposure to FTX meltdown is immaterial: less than $10m in our own

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