Crypto crash —
The CEO of Crypto.com has called for a thorough investigation into cryptocurrency exchanges in light of a significant market downturn that resulted in a staggering $20 billion sell-off. This recent crash has set a new record, surpassing previous market collapses, including the notable FTX incident. As the cryptocurrency market grapples with this unprecedented decline, regulators are under increasing pressure to take action and scrutinize the operations of various crypto exchanges. The demand for a probe reflects growing concerns about the stability and transparency of the crypto market, particularly in the wake of such a dramatic financial event. Stakeholders and investors alike are looking for answers and accountability as the industry faces this critical moment.
