19-06-2023 23:20 via slashdot.org

Trading Teams at Crypto Exchange Raise Conflict Questions

Crypto.com, the exchange endorsed by Hollywood actor Matt Damon, deploys internal teams to trade tokens for profit, the latest sign of potential conflicts of interest in the digital assets industry. Financial Times: The Singapore-based group, one of the top-10 crypto marketplaces in the world, operates proprietary trading and market making teams, according to five people with direct knowledge of the matter.ÂIn most markets, exchanges match buyers with sellers at the most competitive transp
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