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331 sats \ 0 replies \ @cryptocoin 13 Nov 2022 \ on: Crypto.com Reveals $2,800,000,000 in Bitcoin Reserves in Bid for Transparency bitcoin
This is the organization that just last week "accidentally" sent $400M of their customer's funds to a competing exchange? Even if that explanation for why the funds were sent is true, that shows an amazing level of incompetence.
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.
https://twitter.com/kris/status/1591605600638881792 [Nitter]
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