Did Gate Io send 285,000 ETH back to crypto com?

As per on-chain data, on October 28, Gate.io returned 285,000 ETH back to Crypto.com. Crypto.com’s CEO Kris states the funds were sent accidentally to Gate.io. Leading crypto exchange Crypto.com’s cold store information revealed a suspicious transfer of 320,000 ETH to a wallet address linked to Gate.io on October 21, 2022.

Did crypto send to a 'whitelisted' address?

In a post on Twitter, Crypto.com CEO Kris Marszalek says the company was supposed to send the crypto to one of its cold, or offline, wallets, but accidentally sent it to a “whitelisted” address belonging to its corporate account at Gate.io.

Did crypto send 320,000 in Ethereum to another cryptocurrency exchange?

Crypto.com CEO Kris Marszalek says the company mistakenly sent 320,000 in Ethereum to another cryptocurrency exchange about three weeks ago.

Did crypto Com make another clerical error?

Crypto.com just admitted to making another very large and concerning clerical error: it mistakenly sent 320,000 in Ethereum (~$416 million USD) to another cryptocurrency exchange, called Gate.io, about three weeks ago ( via Web3 Is Going Just Great ).