Crypto.com CEO tries to reassure investors in rattled markets
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The platform managed to recover $400 million after it had transferred the ether cryptocurrency to the wrong account.
Crypto.com's CEO tried Monday to reassure investors after the company had to recover $400 million following an erroneous transfer, further shaking markets rattled by the collapse of fellow trading site FTX.Chief of the Singapore-based firm Kris Marszalek said on a livestream the company had a "very strong balance sheet". The platform managed to recover $400 million after it had transferred the ether cryptocurrency to the wrong account. FTX's bankruptcy has sent chills across the digital currency landscape. As recently as 10 days ago, FTX was considered the world's second-largest cryptocurrency platform, at one point valued at $32 billion."Everybody is truly shock...