The Wall Street Journal: Crypto.com halts withdrawals after suspicious activity; CEO says no user funds lost

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The online platform Crypto.com suspended customer withdrawals for about 14 hours on Monday, after reports of unauthorized activity in the accounts of some users, the company said.

No user funds were lost, Chief Executive Kris Marszalek said on Twitter late on Monday. While he didn’t offer details of the incident, he said the company will offer a full report after it completes an investigation.