Crypto.com

Crypto.com

SingaporeFounded 2016crypto.com ↗

Last reviewed 2026-08-29 · Methodology v1.0

Centralized Exchange

VIF Score ⓘVIF Score — Verifelse Independent Verification score. A deterministic 0–100 measure of how independently verifiable an exchange is.

42.1D

#9

of 10
VIF rankings

Reported Reserves

N/A

Stale

Liabilities

Partial

Merkle inclusion only

Proof Age

1390 days

Very stale · Ad-hoc / unclear cadence

Verification

No external verifier

Merkle · Self-attested

Transparency Snapshot

Not yet assessed

Crypto.com publishes cryptographic Proof of Reserves, users can verify inclusion.

Primary limitation: Some facts are not fully corroborated and require verification.

Reserve Coverage

Not disclosed

Reported total reserve rate

Reserve coverage reflects only assets within the scope of the published proof, and does not by itself establish solvency. The exchange does not publish a total reserve rate that Verifelse currently recognizes.

Reserve Asset Composition

A per-asset reserve composition is not published for this exchange.

Proof of Reserves

Cryptographic (Merkle / zk)✓ Active programAssets only⚠ Estimated — needs verification

2022 Mazars attestation reported reserve ratios of 101-106% across in-scope assets (BTC, ETH, USDC, USDT, XRP, DOGE, SHIB, LINK, MANA). Mazars paused all crypto PoR work in Dec 2022; the detailed independent verification currently referenced still dates to 2022. Treat current independent assurance as partial.

MethodologyMerkle-tree Proof of Reserves tool allowing users to self-verify balance inclusion; historically paired with an independent auditor attestation.
Auditor / VerifierSelf-attested (none)
CadenceAd-hoc / unclear
Snapshot as of2022-12-07
Official proofcrypto.com ↗

Proof & Verification Artifacts

Verification matrix

Proof type
CryptographicAttestationFinancial statementsNone
Proof of Liabilities
LPORGlobal ZKMerkle-sumMerkle-inclusionAuditor-onlyNone
Wallet disclosure
FullPartialNone
Inclusion check
FullPartialNone
Verification tool
Open-source verifierInclusion self-checkNone
Third-party assurance
Financial auditAttestationAgreed-upon proceduresNone

Options are ordered strongest to weakest; the highlighted option reflects the proof method Verifelse recognizes for Crypto.com. This describes the method, not a solvency guarantee.

VIF Score Breakdown

Top-10 VIF median
Asset Verification50 / 100
Top-10 median: 67.5
Liability Verification5 / 100
Top-10 median: 50
Proof Freshness20 / 100
Top-10 median: 65
Public Verifiability62 / 100
Top-10 median: 68.5
Methodology Transparency85 / 100
Top-10 median: 95
Incident Disclosure75.8 / 100
Top-10 median: 77.4

Third-Party Verification

External verifierNot identified
Third-party assuranceNone identified

Related Incidents

Mazars PoR verification discontinuedMonitoring

Dec 2022 · No reserve loss established · Reserve and verification

Unauthorized account withdrawalsResolved

Jan 2022 · ~$34M · 483 accounts · Security breach

View all incidents →

Expert Commentary

No expert commentary currently indexed for Crypto.com.

This does not imply expert consensus or endorsement.