Crypto.com CEO calls for probe into exchanges after $20B liquidations

Tariffs blamed, Zcash rebounds, and a call to probe exchanges

Retail investors rushed to pin Friday’s sell-off on US President Donald Trump’s 100% tariff announcement on China, a pattern Santiment called “typical rationalization” after sharp downturns. Its weekend note said social posts quickly converged on tariffs as the explanation, even as analysts argued that leverage and positioning set the stage for the slide. The wipeout erased roughly $20 billion in 24-hour liquidations, the largest on record, and …

Crypto.com CEO Urges Regulators to Probe Exchanges for the $19B Liquidation Massacre

The CEO of the popular crypto exchanges wants answers from regulators to what happened on Friday evening and Saturday morning. Recall the events that transpired at the end of the business week after US President Donald Trump imposed a new set of tariffs on China. Bitcoin and essentially all altcoins crashed by double-digits, which led to over 1.6 million traders getting wrecked in the span of less than 24 hours. In what became a record-setting l…

Crypto.com CEO Calls for Regulatory Probe After $20B in Exchange Liquidations

Crypto.com CEO Kris Marszalek urged regulators to investigate exchanges that saw the largest liquidations since Friday, calling for thorough reviews of trading fairness and consumer protection after about $20 billion in liquidations. He asked whether any platforms effectively halted trading, whether trades were correctly priced against indexes, how trade monitoring and AML programs are set […]

Bitwise Manager Calls $20B Crypto Wipeout the Worst Liquidation in Market History News ETHNews

Friday’s dramatic sell-off has entered the record books as what Bitwise portfolio manager Jonathan Man described as the worst liquidation event in crypto history, erasing more than $20 billion in value as liquidity vanished and forced deleveraging gripped the market. Man, who oversees the Bitwise Multi-Strategy Alpha Fund, said that Bitcoin plunged 13% within a single hour, while smaller-cap tokens suffered even steeper collapses. On some exchan…

Crypto.com Chief Demands Regulatory Scrutiny Post-$20B Liquidation Crisis

The post Crypto.com Chief Demands Regulatory Scrutiny Post-$20B Liquidation Crisis appeared on BitcoinEthereumNews.com. Rongchai Wang Oct 11, 2025 19:31 Crypto.com CEO Kris Marszalek urges global regulators to investigate exchanges after record $20B liquidations triggered by tariff turmoil. Details inside. Historic $20 Billion Liquidation Event Sparks Regulatory Call From Crypto.com CEO Financial markets reeled Saturday as cryptocurrency excha…

Crypto.com CEO Demands Probe After $20B Liquidation Wave

Crypto.com CEO Kris Marszalek has called for a formal regulatory probe into major exchange liquidations exceeding $20 billion. The move follows rising concerns about market manipulation and transparency across global trading platforms. The incident highlights renewed urgency for clearer global crypto trading oversight and exchange accountability. Crypto.com CEO Kris Marszalek publicly called for regulators to open an investigation into large exc…