Crypto.com’s Exposure To FTX Less than $10 Million Says CEO — The CRO Token Is Not Used As Collateral
Kris Marszalek (CEO of Crypto.com), stated that his company had recovered a large portion of the $1 billion sent to FTX after the crypto exchange crashed. He did acknowledge that Crypto.com was less exposed to FTX at the time of its collapse. However, he said that Crypto.com was still a safe investment. Marszalek also stated that Crypto.com had never been a victim to FTX’s collapse.