Doubts Over This Bitcoin Exchange Raised Again! What’s going on?

second largest in the world cryptocurrency stock market of FTX After its bankruptcy, investors’ confidence in the crypto sector was damaged.

After FTX’s bankruptcy Binance CEO CZHe said that a stock market is more troublesome and should be avoided from this stock market.

Although CZ does not disclose the name of the exchange in its share, this exchange Crypto.com was thought to be.

From the cold wallet address of Crypto com to the Gate.io exchange, exactly 320 thousand Ethereum (ETH) Speculation about the stock market had increased due to the fact that the stock market was sent.

Binance CEO, who said that it is not normal to send ETH by mistake, also warned investors.

Chinese crypto journalist Wu Blockchain Crypto. He quoted the statement from com.

In the Wu Blockchain share, the exchange’s “We are currently experiencing delays in cryptocurrency withdrawals due to network traffic. We are currently monitoring this issue” he wrote what he said.

The statement made by the exchange on telegram is as follows:

“System Status Update: Withdrawals are experiencing Delays.

However, we are investigating this situation. We are currently experiencing delays in cryptocurrency withdrawals due to network traffic. We are currently monitoring this issue.

We apologize for the temporary inconvenience and thank you for your continued support.”

Crypto com: We are currently experiencing delays with crypto withdrawals due to network traffic. We are currently monitoring this issue. https://t.co/po5RwG1j4b pic.twitter.com/DQ1bCK3EgM

— Wu Blockchain (@WuBlockchain) November 14, 2022

Wu Blockchain also announced that the CEO of the exchange, Kris Marszalek “As withdrawals increase today, we will continue our business as usual and by our actions we will prove that the allegations against us are false” shared what he said.

Speaking on the Youtube broadcast today, the CEO of the exchange Kris Marszalek, Crypto. com has a strong balance sheet “We will continue to work as we always have to continue to be a safe and secure place where everyone can access crypto. We did not use CRO for loan guarantees like FTX. Our withdrawals are working. We do not have any liquidity crisis and will not raise funds. Our cash flow is positive.” said.

After the news spread in a short time, a new statement came from the CEO.

“The footage is processed normally,” said the CEO, describing the news as FUD.

While the eyes were turned to Cryptocom again, a share came from CryptoQuant CEO Ki Young Ju.

Ju stated that there has been a record level of ETH output from Cryptocom in the last 3 days.