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

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 their trading practices. Are there exchanges that have slowed down to a standstill, effectively preventing people from trading? Are all trades priced correctly and in line with the index? What are the transaction monitoring and anti-money laundering procedures in place? Are their internal trading teams fully independent? With $20 billion in liquidations, many users have suffered losses. Regulators are responsible for protecting consumers and ensuring market integrity."