Tag: Crypto.com

Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis

The digital assets industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered exchange is only now able to provide Euro-denominated banking services to users in the European Economic Area (EEA), having previously lost the ability to accept USD deposits because of issues with its banking partners.…

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Crypto.com Mistakenly Transfers $7 Million to Woman Owed $70 Refund – Bloomberg

The firm discovered during an audit in December that it had made an error in processing a A$100 refund seven months earlier, according to court documents first reported by Channel 7. An account number had been accidentally entered into the payment amount field, according to the court. The state of Victoria’s Supreme Court has ordered the home, which was bought…

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Crypto.com accidentally transfers $10.5m to woman

Crypto.com is one of the world’s largest cryptocurrency trading platforms. It’s now been revealed the company accidentally transferred $10.5 million to a woman in Melbourne Australia, when she was seeking a $100 refund. It then took crypto.com more than seven months to realise the error. *** When crypto.com tried to recover the money, the cash had already been moved and…

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