Crypto.com Pauses Withdrawals Due to Possible $15 Million Hack

·4 min read
Crypto.com Pauses Withdrawals Due to Possible $15 Million Hack

The popular cryptocurrency exchange Crypto.com paused withdrawals for 14 hours earlier this week, but there are conflicting reports around what actually happened. One blockchain security firm estimates at least $15 million of Ethereum (ETH) was stolen, but the Crypto.com team says all customer funds are safe. After withdrawals had resumed, Crypto.com CEO Kris Marszalek posted that no customer funds had been lost and promised a full investigation.

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