Crypto.com Says Hackers Stole Nearly $34M From Users

Cryptocurrency exchange Crypto.com said that hackers stole nearly $34 million during the Jan. 17 hack.

The Singapore-based exchange, in an update on Thursday, acknowledged that unauthorized withdrawals totalled 4836.26 ether ($15.2 million), 443.93 bitcoin ($18.7 million) and $66,200 in U.S. dollars.On-chain data from PeckShield had previously suggested that 4,600 ether had been stolen and were being laundered via Tornado Cash, an ETH mixer protocol aimed at improving transaction privacy.The hack affected 483 users, all of whom have been fully reimbursed, Crypto.com said.Crypto.com suspended withdrawals on its platform on Monday following reports of “unauthorized activity”, subsequently advising users to sign back in and reset their two-factor authentication.Crypto.com CEO Kris Marszalek told Bloomberg TV on Wednesday that the numbers for the hack were “not particularly material and customer funds were not at risk.”A recent hack of crypto exchange BitMart saw losses of $196 million after a private key was stolen.

Read more: Multichain Hack Worsens as Loss of Funds Reaches $3M: Report

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