Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

Cointelegraph

Published Nov 09, 2022 11:15PM ET

Updated Nov 10, 2022 01:00AM ET

Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid the downfall of rival exchange FTX.

"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," said Marszalek, adding that his company "will be publishing our audited proof of reserves."

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