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

￰0￱ CEO Kris Marszalek has publicly responded to reports of an unreported data breach at the ￰1￱ statement follows allegations that the platform was targeted by the Scattered Spider hacking group, which is said to have exposed personal information belonging to ￰2￱ Calls Circulating Reports ‘Unfounded’ A Friday Bloomberg investigation uncovered that the attack was carried out by teenage hackers, including 18-year-old Noah Urban of Florida, who emerged as a central figure in the Scattered Spider group behind major breaches at MGM Resorts and other ￰3￱ report revealed that the hackers had gained access to an employee’s account through phishing tactics in early 2023, resulting in the exposure of some user ￰4￱ to a source cited by Bloomberg, the attack affected the personal data of “a very small number of individuals” and did not compromise any customer ￰5￱ investigator ZachXBT later alleged on X that ￰6￱ had covered up the incident, claiming the exchange had been breached multiple ￰7￱ responded to the allegations on X, calling them “misinformation spreading from uninformed sources.” He said suggestions that ￰8￱ failed to disclose the breach were unfounded, explaining that the company had reported the matter in a 2023 NMLS filing and to relevant ￰9￱ CEO also confirmed that the phishing campaign was contained within hours, did not put funds at risk, and only exposed partial personal data of a limited number of ￰10￱ added that the platform’s systems are “battle-tested and continuously improving,” stressing its “security-first culture” and noting that it holds the most security certifications in the ￰11￱ Token Dumps by Over 10% Cronos (CRO), the native cryptocurrency of the ￰12￱ chain, has been on a downward trend in the past seven ￰13￱ data shows that the token’s price has been hovering around $0.19 to $0.22, shedding 10.8% in the past day and 14.8% over the last ￰14￱ technical indicators suggest a recent cooling period following a short-lived surge due to a high-profile partnership with Trump ￰15￱ this month, the company finalized an agreement with ￰16￱ to establish a CRO ￰17￱ two also have plans to launch a suite of exchange-traded funds (ETFs) and exchange-traded products (ETPs) in the ￰18￱ the recent decline, CEO Marszalek remains bullish on Q4 performance.

He’s reportedly exploring IPO options while deepening ties with Trump Media & Technology ￰19￱ by $1.5 billion in revenue and $1 billion in gross profit last year, ￰20￱ continues to rank among the most profitable platforms in the crypto exchange space.