Crypto.com Faces Allegations of Internal Trading Teams: SEC Alert?

The US Securities and Exchange Commission (SEC) has spread fear across the cryptocurrency sector with its lawsuits against both Binance and Coinbase cryptocurrency exchanges. While it is rumored that the number of exchanges in the SEC’s crosshairs is much larger, no clear information on this matter has been shared. Now, emerging news suggests that Crypto.com might also face similar accusations. Crypto.com in the Spotlight over Distinctive Claims According to the information conveyed by Financial Times, the giant cryptocurrency exchange Crypto.com may also have an internal trading team. The Financial Times reports, based on five anonymous sources, that the Singapore-based exchange possesses internal trading teams. Furthermore, it is highlighted that the exchange gives clear instructions to its employees and denies the allegation that such teams exist. Exchanges engaging in internal market-making activities have been severely criticized by the SEC in the past, and some have even faced lawsuits. In the lawsuits […] The post Crypto.com Faces Allegations of Internal Trading Teams: SEC Alert? appeared first on COINTURK NEWS.