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Users of Crypto.com are said to have lost $15 million, or at least 4,600 ETH

Crypto.com, a renowned crypto trading platform, has banned all deposits. Then, and withdrawals as of Monday, January 11, alleging “unauthorized behavior” at some accounts. It has, however, reinstated some accounts and withdrawal services, indicating that the accounts are safe.

So, Several consumers reported on social media that their tens of thousands of dollars worth of digital assets had vanished from the exchange.

Although Crypto.com claims that the accounts are safe, Peckshield, a blockchain security. Then, and data analytics organization, claims that the exchange has lost a whopping $15 million in the recent theft, or at least 4,600 ETH.

Tornado Cash was apparently used to shift the funds, making it harder to track.

Technical glitches on cryptocurrency trading platforms have been increasingly widespread in recent months.

Even some of the most prominent crypto exchanges have experienced significant disruptions during peak demand.

With over 10 million customers, Crypto.com is one of the most popular trading platforms in the United States.

We’d like Crypto.com to provide us with more information about this.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.