- The exchange is investigating the reasons and has frozen all transactions
A number of Crypto Com clients reported the loss of money from their accounts
This is a big blow to the reputation of the most popular crypto company in the US
Clients of Crypto Com began to complain en masse about the loss of money. In response, the exchange froze all operations and launched an investigation:
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Earlier today a small number of users experienced unauthorized activity in their accounts. All funds are safe.
In an abundance of caution, security on all accounts is being enhanced, requiring users to:
-Sign back into their App & Exchange accounts-Reset their 2FA
— Crypto.com (@cryptocom) January , 1920
So far, the amount of damage is unknown. Users name sums of 4,22 ETN, 576 USDC, 01 BTC, dogecoins and other tokens also disappear from wallets:
The situation runs the risk of seriously hitting the reputation of the platform. Crypto Com has shown tremendous growth over the past year. Last year they bought the most famous stadium in Los Angeles Staples Center for 450 million dollars. After signing the contract, the name of the facility was changed to Crypto Com Arena.Over the past 10 days, the CRO exchange token fell by %. Most likely, after such news, it will fall in price even more.
