Crypto.com CEO confirms hundreds of accounts were hacked

CEO Kris Marszalek said 400 customer accounts were compromised yet he did not provide details on the hack method.

Kris Marszalek, the CEO of the world's fourth-largest crypto exchange, Crypto.com, told Bloomberg that his security experts confirmed the company was breached, resulting in unauthorized transactions from user accounts.

"In this particular incident, some of these [security] layers were breached, which resulted in about 400 accounts having unauthorized transactions," Marszalek explained.

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Crypto.com CEO confirms hundreds of accounts were hacked