Crypto.com has published a full security report on its website detailing exactly how much currency was lost as part of the hack. The company also briefly discussed…
In context: A couple of days ago, we reported that cryptocurrency trading platform Crypto.com had been hacked, with analysts predicting that roughly $14 million worth of Ethereum tokens were lost in the process. Company CEO Kris Marszalek later downplayed the incident, saying that «no customer funds were lost.» After his team conducted an internal investigation, however, it seems that statement was not quite true. Crypto.com has published a full security report on its website detailing exactly how much currency was lost as part of the hack. The company also briefly discussed how and when it first detected the hack and listed the steps it has taken and will be taking to better protect its users in the future. For starters, not only were customer funds most certainly lost despite the CEO’s claim to the contrary, but that loss was significantly greater than the $14 million initially predicted by data analytics firm PeckShield.
