Clarifications on @cryptocom's transfer for the sake of transparency & education:
1) Snapshot for PoR audit taken on Oct 19. https://t.co/a4NJTN8Brj's deposit was not included https://t.co/5U5tZWFfBF
2) All 320K ETH were returned https://t.co/7G5l3YLLIh
https://t.co/IvyiBu9aBY
This is getting wild.
The time that Crypto .com claims to have "accidently" sent user funds was during the Gate proof-of-reserve.
And we just saw similar behavior with Huobi.
Are exchanges passing around ETH loans to pass audits?!
Recap:
- cryptodotcom sent 320k ETH to Gate
- Gate sends 285k back
Now: CEO RESPONDS SAYING THEY ACCIDENTALLY SENT IT THERE AND ASKED FOR IT BACK????
GTFO OF CRYPTO DOT COM
@ledgerstatus@jconorgrogan It was supposed to be a move to a new cold storage address, but was sent to a whitelisted external exchange address. We worked with Gate team and the funds were subsequently returned to our cold storage. New process and features were implemented to prevent this from reoccurring.
@ledgerstatus@jconorgrogan It was supposed to be a move to a new cold storage address, but was sent to a whitelisted external exchange address. We worked with Gate team and the funds were subsequently returned to our cold storage. New process and features were implemented to prevent this from reoccurring.
Alameda, FTX and BlockFi all gone within days.
Should've been seeing good gains for BTC instead rn given the good CPI numbers but nope.
Degens gonna degen.
As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of https://t.co/FQ3MIG381f.