Hackers Reportedly Stole $15M From Crypto.com Users
Thieves that hacked Crypto.com earlier this week appear to have made off with $15 million, despite the cryptocurrency exchange claiming that «no customer funds were lost.»
Blockchain security and analytics company PeckShield tweeted on Jan. 18 that Crypto.com had been robbed of about $15 million worth of Ether, which was being washed with Tornado Cash, adecentralized smart contract platform that allows users to conduct anonymous transactions on the Ethereum blockchain.PeckShield's comments—which industry analysts, according to Fortune, say are likely to be accurate—came after Crypto.com attempted to downplay the hack and reassure users that none of their funds had been stolen.
On Jan. 17, Crypto.com admitted via Twitter that «a small number of users» had reported «suspicious activity» and that it has paused withdrawals to «ensure the safety of users' funds.» Then, later that day, the crypto exchange tweeted that it had dealt with the issue, strengthened its security infrastructure, and restored all withdrawal services, adding that «all funds are safe.»
Speaking to Bloomberg TV, Crypto.com CEO Kris Marszalek later confirmed that 400 accounts had been hacked during the security breach. Marszalek said the firm immediately paused withdrawals and then fixed the issue, bringing everything back online in «about 13 to 14 hours.»
The CEO also hinted that money had been stolen, despite the company previously indicating that no funds had been lost. He said that «all of the accounts that were affected were reimbursed, so there was no loss of customer funds.» These comments suggest that the company believes that funds are not lost if whatever is stolen is reimbursed.
Marszalek, who refrained from specifying exactly how much had been
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