Exchanges· ★★★· bearish·

Trader accuses Crypto.com of freezing $479K account for six months

  • —Account frozen for about six months with no explanation given
  • —Screenshot shows a balance of $478,782 on a 10-year-old account
  • —On October 3 the exchange said the account was being closed and funds moved
  • —Trader urged followers to withdraw funds, sell CRO and boycott the platform
Why it matters: The case fuels concerns over CEX account freezes and the risks of holding large sums on centralized exchanges.
Source: BeInCrypto RU