Crypto.com CEO Calls For Investigation After $19B Crash
Crypto.com CEO Kris Marszalek urges regulators to investigate exchanges after a $19B liquidation wave rocked the crypto market.
Marszalek has called on global regulators to investigate cryptocurrency exchanges that recorded the most liquidations during the massive market crash on October 10-11, 2025.
Regulators should look into whether certain exchanges intentionally slowed down trading systems during the crash, making it impossible for users to react or close their positions.
He emphasized the need to verify trade executions and ensure they reflect market index prices. Marszalek also wants regulators to examine trading surveillance systems and anti-money laundering (AML) frameworks.
- Investigate exchanges with the most liquidations
- Verify accuracy of trade executions
- Examine trading surveillance systems and AML frameworks
The Crypto.com chief questions whether internal trading desks are separated from external market operations, raising conflict-of-interest concerns.
Author's summary: Crypto.com CEO urges investigation into exchanges.
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