CEO Kris represents the company’s balance sheet to be strong.
CryptoCom to disclose audited proof of reserves within upcoming weeks.
$10 million funds exposed to FTX, $990 million recovered.
No Decline in Financials
Despite the downturns led by the FTX crash, CEO of Cryptocom, Kris Marszalek shares that the company’s balance sheet is optimal and does not possess any risk to customers.
Singapore-based payment, trading and financial services company has a total of 50 million users with over 4,000 employees. It was founded in 2016. In a Live ‘AMA’ between CMO Steven Kalifowitz and CEO Kris discussed a lot of reasonable topics regarding firms operations and status.
The CEO Kris says in “Ask me anything”- “We never engage as a company in any irresponsible lending practices, we never took any third-party risks”. Also, he promised to reveal an audited proof of reserves within the next 30 days. The objective of the audit was to confirm that each coin on the platform matches wit
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