The #cryptocurrency exchange #Crypto.com appears to have been identified as a possible offender of a conflict of interest in the crypto industry, according to reporting in the Financial Times.

In essence, five unnamed sources with firsthand knowledge of the situation claim that Crypto.com employs proprietary #trading and market-making teams.

This would imply that the well-known cryptocurrency exchange that is sponsoring the World Cup in Qatar in 2022 purportedly has its own inside team trading for profit.

In order to prevent manipulative trading on the cryptocurrency exchange, trading and market making activities are typically carried out by private companies that are outside of the #exchanges.