Crypto.com CEO Kris Marszalek urges regulators to investigate cryptocurrency exchanges over $20 billion in liquidations, raising concerns about market integrity, pricing, and anti-money laundering measures.
Crypto.com CEO Kris Marszalek has called on regulators to investigate major exchanges after $20 billion in liquidations within 24 hours, surpassing previous market crashes, including FTX. He highlighted concerns about system outages, pricing fairness, trading surveillance, and AML measures, stressing the need for regulatory oversight to protect consumers and ensure market integrity.