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Crypto.com endorsed by Matt Daman utilizes internal teams to trade tokens for profit. - 2
This will raise the potential conflict of interest in the digital asset industry.
The Singapore based group, Crypto.com operates trading and marketing making teams. In markets, the exchanges match the buyers and sellers at the most fierce transparent price. Market making and prop trading is conducted by private companies.
The crypto currency exchange’s executive has given other external trading houses a statement that it was not involved in crypto trading while another statement says employees were asked to say there is no internal market maker …
Source: https://www.thecoinrepublic.com/2023/06/19/no-internal-market-maker-operation-in-crypto-com-raises-concern/