Crypto Sleuth ZachXBT Disputes Crypto.com CEO’s Claims About Data Leak
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 transparency with users.
Crypto.com is under scrutiny after it emerged that the 2023 data breach was more extensive than its CEO had claimed.
Kris Marszalek stated that the incident was quickly contained, that user funds were never at risk, and that only a very limited number of users had…
