Several Crypto.com users reported that their wallets suffered suspicious transactions that stole thousands of dollars in Ethereum (ETH) despite having 2FA enabled.
Crypto.com, a popular app-based cryptocurrency exchange headquartered in Singapore has confirmed that a “small number” of its users experienced unauthorized activity in their accounts earlier on Monday (17th) morning.
Although Crypto.com did not confirm the exact number of impacted customers, in a series of tweets, the exchange did assure that “all funds are safe.”
What happened?
It all started when several tweets emerged from users reporting stolen funds as a result of suspicious activity on their Crypto.com account. According to a tweet by actor Ben Baller, a Crypto.com user, he informed the exchange about suspicious activity hours ago that bypassed 2FA protection on his account resulting in a loss of 4.28 ETH ($13,769).
Another user going by the Twitter handle of @qudah_mohamed claimed that they witnessed multiple transactions of .12 BTC ($5000).
@NickDushko tweeted that his Crypto.com wallet was hacked and someone made 7 transactions of .27 BTC ($11,000).
One Crypto.com user @yougesify shared their side of the story and claimed that his wife had 17.43 ETH ($56,114) wiped from her wallet even though she had 2FA on.
Read More: https://www.hackread.com/crypto-com-suspicious-activity-users-stolen-funds/