Crypto.com cryptocurrency exchange lost $ 15 million worth of ethereum.


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Crypto.com cryptocurrency exchange lost $ 15 million worth of ethereum.The popular cryptocurrency exchange Crypto.com was expected to lose about $ 15 million in ethereum (ETH) following Monday’s hacker attack, says blockchain security company PeckShield. The exchange itself claims, however, that no customer funds have been lost.

Ethereum disappearing from Crypto.com. The stock exchange writes about the lack of losses on user accounts

On Monday, the cryptocurrency exchange Crypto.com announced that it had held withdrawals due to “suspicious activity.” Some users started complaining about the loss of cryptocurrencies in their accounts. It took 14 hours for the Singapore-based company to resume payouts.

Crypto.com users started experiencing problems with their accounts. Users then realized that their accounts had been hacked and that cryptocurrencies were missing from their balances. In some cases, the thieves took all funds from their accounts with them.

CEO Kris Marszalek commented on Twitter that no client funds were lost. He also added that the Crypto.com team strengthened the exchange’s infrastructure in response to the incident.

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The exchange is still conducting an internal investigation into the breach of user security.

The tweet stated that only a small number of users were touched by the hook. However, users of the platform massively began to argue otherwise. The number of complaints about funds lost by users as a result of the hack has steadily increased on social media. Most of them concerned the theft of significant amounts of cryptocurrencies and called on the stock exchange to take action on the attack.

According to PeckShield, Crypto.com did not come out with the truth about customer funds. The stock market allegedly lost $ 15 million, or at least 4.6 thousand. ethereum (ETH) tokens that are currently being laundered by the TornadoCash cryptocurrency mixer:

While hacker attacks are commonplace in the decentralized cryptocurrency space, it is still unclear how a centralized exchange with as high a caliber as Crypto.com fell victim to the attack. The marshal promised to publish more information as soon as the investigation was completed.

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