Dogecoin Billy Markus Thrashes Crypto.com for Hacks!

Crypto Money Laundering on the Rise as per Recent Report
  • Crypto.com suffered a hack on January 17, 2022.
  • Officially declares no funds were lost.
  • DOGE founder Billy Markus thrashes Crypto.com being irresponsible for the hacks occurred.

Seems there never goes a day without a hack or a scam upon the crypto industry! And so true to the fact, the global crypto exchange, Crypto.com became a victim of several continuous hacks on morning hours of January 17, 2022. In spite of this, the Dogecoin (DOGE) co-founder, Billy Markus took to twitter completely thrahsing Crypto.com to the fullest extent. Accordingly, Billy Markus terms that Crypto.com has been quite lethargic. 

The Hack Upon Crypto.com

On the early morning hours of January 17, 2022, the crypto exchange platform witnessed several continuous malicious activities prevailing on various wallet accounts. With more profuse investigations, it’s been confirmed that several wallets have been hacked anonymously. 

In spite of this, Crypto.com took on to Twitter, posting a tweet to reveal the hack attack officially. According to the tweet, Crypto.com declares that it has received complaints regarding several suspicious activities upon the platform’s few wallets. Moreover, Crypto.com termed that in spite of this, they will be stopping all transactions temporarily, for furthermore investigations. 

In addition, Crypto.com assured that all the funds were safe and not to worry. However, a crypto investor and Crypto.com wallet holder going by the name Ben Baller, commented upon the tweet that his wallet has lost 4.28 Ethereum (ETH). Also, he questioned Crypto.com why they didn’t answer his query mails previously. Ben Baller also questioned how the hackers have gone past the two-factor authentication security protocols!

DOGE Billy Markus’s Thrashings

As the news took on fire, the co-founder of DOGE, Billy Markus tweets that he witnesses certain suspicious activities on a hot wallet. Furthermore, he exclaims upon the tweet that multiple transactions have taken place, with an overall withdrawal of 3 to 4 ETH approximately. 

In addition, Billy Markus tweets that such a hack past the security protocols is completely the lack and lethargicness of Crypto.com. 

A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.