Crypto.com denied keeping a 2023 data leak a secret, following reports of a breach by hacking group Scattered Spider. Critics say the exchange should have been more transparent. The company claims the impact was “limited,” with no customer funds accessed. CEO Kris Marszalek called the spread of misinformation “unfounded.”

Bloomberg reported that Scattered Spider gained access to Crypto.com employee’s account, exposing user data. Blockchain investigator ZachXBT accused Crypto.com of covering up breaches and criticized the lack of transparency. However, the exchange says it reported the incident to regulators and contained it quickly. The scope of the breach remains unclear.

Crypto.com spokesperson confirmed a phishing campaign in 2023 targeted an employee, exposing limited personal data. The incident affected a small number of individuals and did not compromise customer funds. It is unknown if affected users were notified or if regulators made the incident details public. The exchange did not respond to further inquiries.

Read more at Cointelegraph.com

Bitcoin reaches new all-time high of $63,000 as institutional interest surges. Coinbase’s direct listing on Nasdaq fuels crypto market optimism. Ethereum also hits record high of $2,300. Experts predict continued growth as mainstream adoption increases. Tesla CEO Elon Musk’s support of cryptocurrencies also boosts market confidence.: Crypto.com Responds To Report On Undisclosed User Data Leak