Crypto.com Under Fire for Alleged Security Incident Cover-Up

Cryptocurrency exchange Crypto.com faces accusations of concealing a major security incident, sparking concerns about transparency and risk management within the industry. On-chain investigator ZachXBT has publicly raised these allegations, citing a lack of official information regarding the incident’s details. This situation has eroded trust among crypto enthusiasts and highlighted the need for increased transparency from cryptocurrency platforms like Crypto.com.