Crypto.com CEO calls on regulators to investigate exchanges with the largest liquidations in the past 24 hours

According to PANews on October 11, Crypto.com CEO Kris Marszalek wrote on the X platform: “Regulators should investigate the exchanges with the largest liquidations in the past 24 hours and conduct a thorough review of the fairness of trading practices. Are there any exchanges that have slowed down to a standstill, effectively preventing people from trading? Are all trades priced correctly and consistent with the index? What are the transaction monitoring and anti-money laundering procedures set up? Is its internal trading team completely independent? The amount of liquidation reached $20 billion, and many users suffered losses. The responsibility of regulators is to protect consumers and ensure market integrity.”