Crypto.com lost $15 million worth of cryptocurrencies in a cyberattack
The crypto exchange has not officially confirmed the reports of its accounts’ hacking

18.01.2022 - 11:25
394
2 min
0
What’s new? The Crypto.com cryptocurrency exchange has become a major target for cybercriminals, with around 4600 ethers ($15 million) stolen from some of the exchange’s accounts. This was reported by PeckShield, a security and data analytics company. It also cited the blockchain data showing that half of the stolen cryptocurrencies were laundered using TornadoCash.
The @cryptocom loss is about $15M with at least 4.6K ETHs and half of them are currently being washed via @TornadoCash https://t.co/PUl6IrB3cp https://t.co/6SVKvk8PLf pic.twitter.com/XN9nmT857j— PeckShield Inc. (@peckshield) January 18, 2022
How did the events develop? The cyberattack came just a day after the cryptocurrency exchange suspended the withdrawals amid suspicious activity:
“We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating.”
However, Crypto.com then stressed that all the funds were safe. The crypto exchange has not officially confirmed the reports of its accounts being hacked.
What is known about the exchange? Over the past few years, Crypto.com has become one of the world’s largest cryptocurrency exchanges. It has made several high-profile sponsorship deals, mostly in sports, to promote its brand. Most recently, the platform’s venture capital arm offered a partnership to tech reporter John Russell.
Useful material?
Incidents
We talk about how the events with the collapsed cryptocurrency developed and how the head of Argentina contributed to it
Feb 17, 2025
Market
Once the SEC confirms, the filing will be published in the Federal Register, which will initiate the approval process
Feb 11, 2025
Market
Analysts at JPMorgan Bank believe the asset will continue to face pressure amid growing competition
Feb 6, 2025
Market
The hacker used the account to promote MEOW and DCOIN scam tokens
Feb 6, 2025
Market
The company’s operating expenses rose 693% year-over-year to $1,103 billion
Feb 6, 2025
Crypto regulations
Group head Hester Peirce criticized the regulatory approach formed by former chairman Gary Gensler
Feb 5, 2025