Cryptocurrency exchange Crypto.com CEO Kris Marszalek called on regulators to investigate the platforms that saw the most liquidations on the night of October 10-11, 2025.
Marszalek said it is worth investigating whether exchanges slowed down during the market crash, making it impossible for users to trade. Separately, he emphasized the importance of checking whether trades are correctly valued and matched to market indices.
The Crypto.com CEO called for attention to what trade monitoring mechanisms and anti-money laundering (AML) programs are in place at exchanges, as well as whether internal trading teams are fully separated from external operations.
Marzalek noted that more than $19 billion in liquidations have harmed many users, and emphasized that the job of regulators is to protect consumers and ensure market integrity.
Recall, earlier, Binance commented on the depeg of three tokens and announced a compensation program. Later, the company noted that it had already shared the compensation to users in the amount of $283 million.