Although some users reported funds missing from their wallets, including one investor who reported that $16.3 million missing, Crypto.com announced that "All funds are safe". Over the next few days this was revealed to be untrue; as of January 20, the total estimated funds stolen from the platform had reached $30 million. Large amounts of stolen funds were quickly laundered through Tornado Cash, a popular crypto mixer.
At least $34 million is stolen from users of Crypto.com
Popular cryptocurrency wallet provider and trading platform Crypto.com briefly suspended trading after acknowledging there had been "unauthorized activity" in user accounts. The platform restored trading later that day after pushing an update to require their users to re-authenticate their sessions and reset two-factor authentication.