UNREPORTED ATTACK ON CRYPTO.COM LEAKED USERS' PERSONAL DATA

Summary from the TLDR Crypto newsletter

A teenage hacker named Noah Urban from the cybercriminal gang Scattered Spider, along with an accomplice called Jack, successfully gained access to a Crypto.com employee account through phishing attacks targeting telecommunications, technology, and cryptocurrency company staff. The breach occurred before March 2023, when Urban was targeted in an FBI raid that seized $4 million worth of cryptocurrency plus hundreds of thousands in cash and jewelry. Urban was later arrested in January 2024 and sentenced to 10 years in prison after pleading guilty to involvement in hacks of 13 companies. Crypto.com confirmed to Bloomberg that the breach affected "a very small number of individuals" with no customer funds accessed. Blockchain sleuth ZachXBT criticized the exchange for failing to disclose the breach and noted that it has been breached several times.