Cryptocurrencies

Crypto.com Recovers $400 Million After Misplaced Ether Transfer

  • Transfer accounts for more than 80% of exchange’s Ether pile
  • Crypto.com was trying to move funds to cold storage, CEO says
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Crypto.com said it recovered almost $400 million in cryptoasset Ether from Asian exchange Gate.io, after it accidentally transferred the funds to the wrong account.