Grit Daily - Following FTX and BlockFi Bankruptcies, Is Crypto.com Next?

in blockchain •  2 years ago 

https://gritdaily.com/cryptocom-bankruptcy/
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Crypto.com may not be a hedge fund, but analysts note that its reliance on third parties may pose a source of risk for investors.

Meanwhile, Crypto.com's reliance on low liquidity assets such as Shiba Inu and CRO (its own token) raises liquidity concerns.

On the other hand, while a short-term bankruptcy for Crypto.com seems very unlikely, more information and facts are needed to make valid predictions about the platform's future.

Are you a Crypto.com customer too? Follow this news!!

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