The CEO of Crypto.com is advocating for a regulatory investigation following significant liquidations amounting to $20 billion across various exchanges. This call for scrutiny highlights the need for clearer regulations in the cryptocurrency market, which has been experiencing volatility and uncertainty. By pushing for oversight, the CEO aims to protect investors and enhance the integrity of the crypto ecosystem, making it a safer environment for all participants.

Crypto.com CEO Kris Marszalek is calling for a regulatory investigation into cryptocurrency exchanges following a staggering $20 billion in liquidations. This significant event surpasses previous market crashes, including the infamous FTX collapse. Marszalek's push for scrutiny highlights the need for greater oversight in the crypto space, which could lead to more stability and trust among investors. As the market continues to evolve, such calls for accountability are crucial for protecting users and ensuring a healthier trading environment.