Between 12  November and 13 November, users withdrew a net $14m worth of the cryptocurrency ether and $39m worth of other tokens tied to the Ethereum network

Crypto

Customers pulled funds from Crypto.com over the weekend after the company’s chief executive said the cryptocurrency exchange mishandled a roughly $400m transaction.

Crypto.com chief executive Kris Marszalek said on Twitter that the transfer was sent to the wrong type of account on another exchange. The transfer of a large chunk of ether, a popular cryptocurrency, took place on 21 October, but came to light after Twitter users flagged the transfer as unusual, based on publicly available blockchain transaction records.

Crypto.com customers pull funds after CEO admits company mishandled $400m transaction

Caitlin Ostroff 

Elaine Yu

Currencies

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