CEO of Crypto.com Has Finally Confirmed the Hack
We have been hearing news about crypto.com freezing the transactions because of some suspicious activity but now finally they have confirmed that hundreds of accounts were hacked.
The CEO of cryptocurrency exchange Crypto.com, Kris Marszalek, has finally confirmed that hundreds of user accounts were indeed compromised by hackers and had funds stolen as a result.
Though they don't know how the breach happened.
Crypto.com is also being criticized for behaving vaguely in this situation and not sharing things clearly.
I understand that they have to save their business by dumping these sort of things which of course is not healthy for company's business but I don't think that news could be hidden for long.
The truth makes it's way out. And finally crypto.com CEO Kris Marszalek confirms that crypto.com was hacked.
Kris Marsezalek acknowledged the hack in an online interview with the Bloomberg and confirmed that around 400 accounts were being compromised.
He further said that he is not approached by the regulators since the attack was first disclosed.
For those of you who are not a aware of crypto.com, it's a big brand now spending huge funds on sponsorhips. And because of these sponsorships I also was thinking of buying some CRO tokens for myself but have not yet bought.
Now, we don't know if crypto.com could save it's face by refunding those customers whose accounts were being hacked and money being stolen.
I do have a feeling that they may refund those customers because if they are spending some huge budgets on sponsorships, they won't want their reputation go down with the scam, instead, this could prove fruitful for them paying for the customer losses.
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