Crypto.com - REKT
Wednesday, January 19, 2022
CEX -
REKT
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It’s worse than we thought.
After our initial investigation,
ErgoBTCuncovered even more lost funds from Crypto.com.
Another 444 BTC: ~$18.7M.
That brings the total value lost up to $33.7M, and moves Crypto.com up to position 15 on the leaderboard.
And still no acknowledgement of any loss from Crypto.com.
“All funds safe” ???
They’re lying to you.
ErgoBTC investigates…
We noted this abnormally large withdrawal from @cryptocom's payout wallet
bc1q7cyrfmck2ffu2ud3rn5l5a8yv6f0chkp0zpemf via
06f7b6adac715ea7f30e2f23f52b3dfeed53...
Shortly after, several hundred withdrawals are consolidated into 4 outputs for 67.75 BTC.
The 271 BTC then make a series 24 or 25 BTC deposits to a well known BTC tumbler. 173 BTC at address
bc1qk8wlwypvvr6v5lmsngg5a248k2a9cgrsrw5jsq is likely associated with the hack, has not yet been sent to the tumbler.
This tumbler has been commonly used in hacks attributed to the DPRK Lazarus Group and more recently in the attempted laundering of BTC from to this summer's Darkside ransomware activity.
These findings double the damage from our initial investigation, and increase the pressure on Crypto.com to come clean about what happened.
At least the CEO is happy…
Crypto.com should stop shytpostingand tell their users where their money has gone.