The on-chain analyst claims that Crypto.com’s loss in the latest security breach could have been worth more than the reported $15 million.
The pseudonymous ErgoBTC, an on-chain analyst at () research firm OXT Research, claims that the Crypto.com security breach that is said to have resulted in the loss of 4,600 ETH ($15 million), may be worth up to $33 million.
Adding another 444 BTC to the previously reported 4.6k ETH from yesterday’s @cryptocom hack.Still no acknowledgement of loss, despite large outflows from the custodial wallet into ETH’s Tornado Cash and a well known BTC tumbler (as detailed below). pic.twitter.com/GalJKM6bi9
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.