Crypto.com says report of undisclosed user data leak ‘unfounded’

Crypto Sleuth ZachXBT Disputes Crypto.com CEO's Claims About Data Leak - Crypto Economy

TL;DR Crypto.com faces criticism after ZachXBT revealed that the 2023 data breach exposed personal information beyond what the CEO had disclosed. The initial incident involved a hacker from Scattered Spider who accessed an employee’s account; other unreported breaches of greater magnitude are suspected. The company has faced prior regulatory sanctions and legal issues, and this case could trigger investigations into its security management and …

Crypto.com Denies Covering Up 2023 Data Breach After Hacker Claims - FinanceFeeds

Allegations of a Hidden Hack Crypto.com has rejected claims that it concealed a 2023 security breach exposing customer information. The controversy began when Bloomberg reported that Noah Urban, a member of the hacking group Scattered Spider, said the group had compromised a Crypto.com employee’s account before early 2023. According to Urban, the intrusion exposed personal user details. The report triggered a wave of criticism from analysts and …

Crypto.com CEO Denies Silence on Alleged Hack as CRO Plunges 10%

Crypto.com CEO Kris Marszalek has publicly responded to reports of an unreported data breach at the exchange. The statement follows allegations that the platform was targeted by the Scattered Spider hacking group, which is said to have exposed personal information belonging to users. CEO Calls Circulating Reports ‘Unfounded’ A Friday Bloomberg investigation uncovered that the attack was carried out by teenage hackers, including 18-year-old Noah …

Crypto.com breach exposed more data than CEO claimed, report

Crypto.com CEO Kris Marszalek, hasn’t disclosed the full extent of the exchange’s 2023 data leak, according to crypto sleuth ZachXBT. Marszalek claimed on Sunday that the leak, which was first revealed by Bloomberg last week, had been disclosed in full to the Nationwide Multistate Licensing System & Registry (NMLS) and other relevant jurisdictions and called reports to the contrary “misinformation” and “unfounded.”  He added, “The incident was c…

Data Leak? Crypto.com Fires Back At ‘Unfounded’ Allegations

Christian Encila reports: According to Bloomberg and several other news outlets, Crypto.com has pushed back against a report that a 2023 breach exposed user details and was kept from authorities. The story centers on a h…