Crypto.com pauses withdrawals of USDC and USDT withdrawals on the Solana network

Crypto.com pauses withdrawals of USDC and USDT withdrawals on the Solana network
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That’s very little compared to our global revenues surpassing US$1 billion for two consecutive years.

— Kris | CRYPTO.COM (@kris) November 9, 2022

Crypto.com is one of the companies affected by FTX’s recent struggle. However, Crypto.com’s CEO Kris Marszalek said the firm’s direct exposure to the FTX meltdown is immaterial since it has less than $10 million of its own capital deposit on the FTX platform for customers’ trade execution.

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