{"id":55254,"date":"2021-12-27T10:34:06","date_gmt":"2021-12-27T08:34:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55254"},"modified":"2025-09-04T00:27:34","modified_gmt":"2025-09-03T21:27:34","slug":"crypto-com-ceo-accused-coinmarketcap-of-data-manipulation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-com-ceo-accused-coinmarketcap-of-data-manipulation\/","title":{"rendered":"Crypto.com CEO accused CoinMarketCap of data manipulation"},"content":{"rendered":"<p>Crypto.com CEO Kris Marsalek criticised CoinMarketCap for providing inaccurate information about trading volumes.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Merry Christmas to team <a href=\"https:\/\/twitter.com\/CoinMarketCap?ref_src=twsrc%5Etfw\">@CoinMarketCap<\/a> who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14th \ud83d\ude01 <\/p>\n<p>We are 2nd\/3rd on <a href=\"https:\/\/twitter.com\/coingecko?ref_src=twsrc%5Etfw\">@coingecko<\/a> so you guys know where to look for real and market neutral data \ud83e\udd23<\/p>\n<p>\u2014 Kris | Crypto.com (@Kris_HK) <a href=\"https:\/\/twitter.com\/Kris_HK\/status\/1474569206033432576?ref_src=twsrc%5Etfw\">December 25, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMerry Christmas to the CoinMarketCap team, who a week after replying to their poorly worded tweet arbitrarily lowered our exchange ranking to 14th place. On CoinGecko we sit in second-to-third place, so you guys know where to look for real and market-neutral data,\u201d Marsalek said.<\/p>\n<\/blockquote>\n<p>As of writing, the service ranks Crypto.com 15th by trading volume.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/9f0vKnxO8LyCnMuYl0ak5qH4Ut6WvDQx6WGcP6UN0E_7L4Ej1MxhaOPS9198mYwP8QKcewI7AVbSG8rHuVF7Yw1agReaW2-rbMGhS1-IDie60XVAQrJFbUWRYgyXsa2qeqU8_Cf-\" alt=\"CEO Crypto.com \u043e\u0431\u0432\u0438\u043d\u0438\u043b CoinMarketCap \u0432 \u0438\u0441\u043a\u0430\u0436\u0435\u043d\u0438\u0438 \u0434\u0430\u043d\u043d\u044b\u0445\"\/><figcaption>Data: <a href=\"https:\/\/coinmarketcap.com\/rankings\/exchanges\/\">CoinMarketCap<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/exchanges\">CoinGecko<\/a>, the exchange sits in second place with a little over $3 billion in the last 24 hours.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/cBkcKG_BW7ZWvpR4VhA8sVLODP86XfeOlqIo1rKnhzdIn761yHWIYMhnJ5WlOlWYX94hXqZ_hXSBHbHfqO0ukga2geCCocKxdwCA_U84Ht5NWvKAAKG39O9I03a_WfkDdNokBNa8\" alt=\"CEO Crypto.com \u043e\u0431\u0432\u0438\u043d\u0438\u043b CoinMarketCap \u0432 \u0438\u0441\u043a\u0430\u0436\u0435\u043d\u0438\u0438 \u0434\u0430\u043d\u043d\u044b\u0445\"\/><figcaption>Data: CoinGecko.<\/figcaption><\/figure>\n<p>The tweet to which Marsalek referred is likely dated December 15. During the exchange, the CoinMarketCap team joked that he might have to cancel an interview with Forbes. Meanwhile, the service <a href=\"https:\/\/twitter.com\/CoinMarketCap\/status\/1470920136974823425\">acknowledged<\/a> a fault in its operation.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">You don\u2019t have to tell us anything \u2014 we are already working on removing <a href=\"https:\/\/twitter.com\/CoinMarketCap?ref_src=twsrc%5Etfw\">@CoinMarketCap<\/a>\u2019s unreliable price feed from our product.<\/p>\n<p>\u2014 Kris | Crypto.com (@Kris_HK) <a href=\"https:\/\/twitter.com\/Kris_HK\/status\/1470933974281502720?ref_src=twsrc%5Etfw\">December 15, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cYou don\u2019t have to tell us anything \u2014 we are already working on removing CoinMarketCap\u2019s unreliable price feed from our product,\u201d the Crypto.com CEO said at the time.<\/p>\n<\/blockquote>\n<p>In 2020 the service was acquired by the cryptocurrency exchange Binance.<\/p>\n<p>As a reminder, in July 2020 CoinMarketCap placed Binance Coin at the top of the DeFi token by market capitalization. Following criticism on social media, the service removed the token from the list without explanation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto.com CEO Kris Marsalek criticised CoinMarketCap for providing inaccurate information about trading volumes.<\/p>\n","protected":false},"author":1,"featured_media":55255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1000,1452],"class_list":["post-55254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinmarketcap","tag-crypto-com"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=55254"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55254\/revisions"}],"predecessor-version":[{"id":55256,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55254\/revisions\/55256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55255"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}