Post #150351

As regulators scrutinise FTX, rival exchanges try to reassure investors Bitcoin and other cryptocurrencies remained under pressure on Monday following last week's collapse of crypto exchange FTX while rival exchanges sought to reassure jittery investors of their own stability. Kris Marszalek, CEO of Singapore-based crypto exchange Crypto.com, refuted suggestions it could be in trouble, saying in a YouTube livestream address the platform would prove all naysayers wrong. The 'AMA (ask-me-anything)' session came after investors took to Twitter over the weekend to question a transfer of $400 million worth of ether tokens to the Gate.io exchange on Oct. 21. read more