Did crypto_com accidentally transfer $10.5m to a woman?

Recent reports suggest that the digital asset exchange accidentally transferred $10.5M to a woman instead of a planned settlement of $100. Australian news media outlet Ticker News uncovered the story on Tuesday. According to the report, in May of 2021, a Melbourne-based Crypto_com customer requested a refund of $100 from the exchange.

What happened to cryptocom?

CryptoCom made a big blunder by transferring million into a customer account, and an even bigger mistake by not knowing what they had done for seven months. Crypto.com, a prominent Singapore-based cryptocurrency exchange, is looking to recover excess payout to the tune of millions which the firm inadvertently sent to a customer.

Does crypto COM have a 750 million insurance policy?

Crypto.com has a $750 million insurance policy for the digital assets that it holds in its custody. NFT marketplace. Crypto.com makes it easy to purchase NFTs. You can purchase NFTs on the platform using either fiat or certain cryptos. Complies with the Financial Crimes Enforcement Network regulations in the US.

What cryptocurrencies are available on crypto com?

The exchange is headquartered in Hong Kong but is accessible all around the world. Crypto.com supports over 311 cryptocurrencies, but some notable assets are missing. Namely, Lido Staked Ether, Toncoin and TRON, which are in the top 20 cryptos by market cap. In total, 17 of the top 20 cryptos are available on Crypto.com.