Crypto.com in trouble? - page 2. | Bitcointalksearch.org

uneng

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There is a lot of warnings going on at twitter telling people to withdraw funds from the platform right now. If you can do this, just withdraw everything. It's better be safe than sorry. If it is just a false alarm you will be able to deposit again later and continue using their services anyway.

Personally, I deposited crypto 2 days ago and cashout in fiat yesterday with success. So far they are working normal for me, although unfortunatelly I can't cashout all my funds because they are locked on the earnings' program for almost 2 months yet. Undecided

abel1337

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Quote from: BigBos on November 14, 2022, 11:57:58 AM

Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

I have been investing in Crypto.com , now known as Cronos, since March this year.

I see it has been falling in the last 24 hours as many are panicking it could be one of the next exchanges in trouble.

I have just tried to deposit some money onto my crypto.com account and it has left my bank but not reached my account and this was over half an hour ago now, it usually reaches my account in a few minutes.

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

A lot of anomalies are happening to the crypto.com exchange that is sponsoring the world cup next week, which I know of:
1. Crypto.com has a dangerous reserve of assets, funny that an exchange as big as Crypto.com keeps more $SHIB than $ETH in its wallet. they are brave enough to put Resave from user in $SHIB even more than $ETH.
https://twitter.com/CryptoOMG88/status/1591232162531266562?s=20&t=5vHQfSvYS5SCUTkup3_dfA

2. in the last 2 weeks Crypto.com sent 320K ETH to Gate.io and then Gate.io sent back 280K $ETH.
Kris said what happened was the wrong transfer. this is a very very strange thing, big exchange crypto.com made a transfer error.
https://twitter.com/CryptoOMG88/status/1591629547111608320?s=20&t=5vHQfSvYS5SCUTkup3_dfA

3. I think CZ was insinuating what happened to crypto.com via his thread on Twitter.
https://twitter.com/cz_binance/status/1591690261029130240?s=20&t=ewlTiJgFK2GLUW0Ewx2XSg

a lot of anomalies have happened to the Crypto.com exchange in the past few weeks. I recommend being careful if you have assets on the exchange.

I've also seen some "influencers" saying to stay out of crypto.com as early as now as they have an intel about the solid proofs about crypto.com anomaly. I can't verify it myself knowing that I don't have the power to ask them about these proofs. Though it would be much safer to avoid them for now given that there are standing proofs about their anomaly and crypto.com is on hotseat right now. I'm pretty sure there are people who will be investigating them and they would be lucky if there's nothing to find out about them. They can easily go downfall if someone find out or leak their wrong doings just like what happened to FTX.

BigBos

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Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

I have been investing in Crypto.com , now known as Cronos, since March this year.

I see it has been falling in the last 24 hours as many are panicking it could be one of the next exchanges in trouble.

I have just tried to deposit some money onto my crypto.com account and it has left my bank but not reached my account and this was over half an hour ago now, it usually reaches my account in a few minutes.

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

A lot of anomalies are happening to the crypto.com exchange that is sponsoring the world cup next week, which I know of:
1. Crypto.com has a dangerous reserve of assets, funny that an exchange as big as Crypto.com keeps more $SHIB than $ETH in its wallet. they are brave enough to put Resave from user in $SHIB even more than $ETH.
https://twitter.com/CryptoOMG88/status/1591232162531266562?s=20&t=5vHQfSvYS5SCUTkup3_dfA

2. in the last 2 weeks Crypto.com sent 320K ETH to Gate.io and then Gate.io sent back 280K $ETH.
Kris said what happened was the wrong transfer. this is a very very strange thing, big exchange crypto.com made a transfer error.
https://twitter.com/CryptoOMG88/status/1591629547111608320?s=20&t=5vHQfSvYS5SCUTkup3_dfA

3. I think CZ was insinuating what happened to crypto.com via his thread on Twitter.
https://twitter.com/cz_binance/status/1591690261029130240?s=20&t=ewlTiJgFK2GLUW0Ewx2XSg

a lot of anomalies have happened to the Crypto.com exchange in the past few weeks. I recommend being careful if you have assets on the exchange.

poodle63

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Quote from: wastagnn on November 13, 2022, 09:45:54 PM

Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

Crypto.com CEO claims that the transfer of $400 million in ETH to the wallet was a careless operation, is it really careless?
This news caused a lot of FUD and speculation, and the trust in cryptocurrencies will be affected to a certain extent. The crypto market is really hard to speculate at this time, no one knows exactly what will happen, and more information is needed before making a judgment.

He was liar. The problem is crypto.com was sending it to the gate whitelisted address but the gate was sending it back with less amounts of ethereum received by crypto.com. There are so many bad stories that have not yet been revealed to the public. People become even crisis with CEX since CZ was issuing awareness about cex can steal your money anytime when it got fucked like FTX. The greedy parties in the crypto has been slowly destroying crypto.

that's very sad that so many people speculated that if another bad thing will be come very soon other than FTX. maybe the collapse for another popular exchange site like kucoin maybe

JamesDaniel90

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Crypto.com price is rising today so hopefully this is the start of it recovering

posi

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Vave.com - Crypto Casino

Quote from: Reid on November 14, 2022, 05:17:47 AM

Oh gosh, I wish all I read was not true and it was all just an attack as continuation to the FTX issue. I am also invested in Cronos and I want to see it grow just like how Binance did it. That's my big expectation from them. And since they can afford expensive advertisements in the sports industry, they will not go bankrupt in a blink.
I don't know any details about what the issue is, but I will be checking it out. If FUD comes out, the value of it could go lower and our investments turning to dust.

With this news, the value of Cro has dropped by more than 25% today. As I speculate, cryptodotcom and gate are clearly supporting each other to create fake proof of their asset holdings. Although it's not too serious at the moment but I think to be safe you should withdraw all your assets on crypto.com and consider cutting loss Cro. It's better to lose a little and not let things get as bad as FTX. I really don't trust crypto.com and Gate.io in this situation.

o48o

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Quote from: dwminer1 on November 14, 2022, 05:42:52 AM

Here is a brief AMA summary with the CEO of Crypto.com: https://www.livemint.com/market/cryptocurrency/cryptocom-ceo-says-withdrawals-working-exchange-not-in-trouble-11668413622484.html
He claims that there is nothing to worry about, but we know how much such assurances mean. If at the present time the troubles of another major exchange were revealed, it would be a huge blow to the entire crypto world. Remember that exchanges should not be used to store funds on them that we are not currently trading!

Yep, ceo of rumored exchange says that their operation is running just fine. Where else have we heard that? Oh yeah, every failed exchange ceo ever.
I mean what else he would say? Anything even hinting towards that they have insolvency issues would start a panic bank run, and enough people withdrawing at the same time they would have to shut down the withdrawals (probably because of some made up reason of server upgrades). And that would be their end.

Only thing any sane CEO would do at this face is either to be fully transparent about their situation with ftx, and release fully transparent data about their reserves give good reasons for every meaningful transactions they have made. OR just to lie and hope that people won't panic while they try to solve their issues.

Yamifoud

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Quote from: JamesDaniel90 on November 13, 2022, 01:39:24 PM

It has been a hour now since sent money from my bank to crypto.com and have still not received funds.

I have however been able to send most of crypto I had on crypto.com to my ledger so at least most of it is off their exchange now.

Not looking good, does make me less confident now Undecided

I was a little afraid about it but something tells us that the rumors might be true and crypto.com is in big trouble.
They should be transparent enough to their clients and for them to be aware of what they plan to resolve the issue. Otherwise, there silent actions and slow response could make people say they are next -scam exchange.

For now, there is no conclusion being made but something there is really not good to happen in this exchange. Deposit must behold and stop using this platform until everything becomes clear and safe to go.

dwminer1

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The OGz Club

Here is a brief AMA summary with the CEO of Crypto.com: https://www.livemint.com/market/cryptocurrency/cryptocom-ceo-says-withdrawals-working-exchange-not-in-trouble-11668413622484.html
He claims that there is nothing to worry about, but we know how much such assurances mean. If at the present time the troubles of another major exchange were revealed, it would be a huge blow to the entire crypto world. Remember that exchanges should not be used to store funds on them that we are not currently trading!

JamesDaniel90

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My deposit finally went through an hour ago and I decided to buy the dip at 6 cents.

All we as investors can do is wait and hopefully it is not as bad as it sounds, I do think a lot of it is FUD.

Reid

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Oh gosh, I wish all I read was not true and it was all just an attack as continuation to the FTX issue. I am also invested in Cronos and I want to see it grow just like how Binance did it. That's my big expectation from them. And since they can afford expensive advertisements in the sports industry, they will not go bankrupt in a blink.
I don't know any details about what the issue is, but I will be checking it out. If FUD comes out, the value of it could go lower and our investments turning to dust.

ethereumhunter

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You should not deposit on Crypto.com until they fix the problem between them and Gate.io. We do not know exactly what the problem is but the rumor is they sent many ETH to Gate.io and they claimed that it is the wrong address and they are trying to investigate and will add a new feature that will prevent the same thing happen in the future.

But if you already sent or transferred the funds into your Crypto.com account but was not fixed until now, you can only wait until their team reaches you or you can ask them by sending an email to them.

wastagnn

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Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

Crypto.com CEO claims that the transfer of $400 million in ETH to the wallet was a careless operation, is it really careless?
This news caused a lot of FUD and speculation, and the trust in cryptocurrencies will be affected to a certain extent. The crypto market is really hard to speculate at this time, no one knows exactly what will happen, and more information is needed before making a judgment.

AnonBitCoiner

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Eloncoin.org - Mars, here we come!

Crypto.com is in real trouble here. Similarly AAX exchange announced that they will stop all operation of buying, selling and withdraw for two week and especially Blockfi stopp all withdrawals which is very bad for Crypto. I took all my assets out of BlockFi a couple months ago. Glad I did. I've been using their credit card that earns crypto and it just got shut down. Not good.

bittraffic

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CZ made the investors panic when he tweeted about it again. But he is right about it since crypto sends $400M worth of users' ETH to gate.io so it's definitely worth panicking about. -51.08% this week so the saga of plummeting tokens continues.

I used to own CRO, I'm glad I didn't hold since. There are similarities between FTX and Crypto.com, particularly in thier marketing and buying arena name rights and celebrities promoting them.

Kemarit

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Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

I have been investing in Crypto.com , now known as Cronos, since March this year.

I see it has been falling in the last 24 hours as many are panicking it could be one of the next exchanges in trouble.

I have just tried to deposit some money onto my crypto.com account and it has left my bank but not reached my account and this was over half an hour ago now, it usually reaches my account in a few minutes.

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

Really hard to speculate at this point as the market, market is on a shambles right now, everyone is very fearful, speculating as who is going to be next.

There's even a tweet about Binance halting withdrawals and for sure it has cause panic again in the market.

So by now, hard to give financial advise mate, but the only one that can answer to your question is crypto.com, maybe they are slowing down the withdrawals to not cause panic in a very volatile market that we are in in the last week.

ahyadinnn

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Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

What does everyone think about crypto.com is it in trouble or should be ok?

have you tried to contact cs contact? because right now Crypto.com is in trouble, you can check the information on twitter, and for now it's better not to use Crypto.com first,
until they fix the problem, I don't know why they sent so much wrong etherium to the wrong wallet unknown.

GreatArkansas

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It seems the contagion started if Crypto.com will follow FTX Exchange.
For me, there are some funds that are locked to Crypto.com, because of their high APY, but your funds are locked for 3 months, it's just sad because I just re-invested only a few days after these issues with centralized exchange happened.

nimogsm

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Quote from: JamesDaniel90 on November 13, 2022, 12:29:31 PM

I have been investing in Crypto.com , now known as Cronos, since March this year.

I see it has been falling in the last 24 hours as many are panicking it could be one of the next exchanges in trouble.

I have just tried to deposit some money onto my crypto.com account and it has left my bank but not reached my account and this was over half an hour ago now, it usually reaches my account in a few minutes.

Is there currently a problem with deposits??

What does everyone think about crypto.com is it in trouble or should be ok?

The situation with FTX negatively affected the market, all major assets are red.I decided to withdraw all my savings from the exchanges to wallets that are only under my control until better times.It is better to wait for changes with the means that only I can control and not the exchange or another service.

kurniawan05

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I hope this is only a temporary issue and not an early sign of bankruptcy Crypto.com, if this happens then the bear market will get deeper and longer, to anticipate, you can move your assets to a safe place.

Topic: Crypto.com in trouble? - page 2. (Read 545 times)