According to the source, Crypto.com CEO Kris Marszalek said allegations of an undisclosed user data leak are unfounded and that a 2023 security incident was reported to regulators, with no confirmation of a new breach. source: Kris Marszalek statement on X, as referenced in the source. For traders, security-related headlines can increase short-term volatility in exchange-linked tokens like CRO and temporarily widen order-book spreads on the affected venue; monitor CRO spot and perpetual activity and liquidity conditions before sizing risk. source: documented market responses to exchange-specific security headlines in Kaiko Research and order-book behavior during incident news cycles (2023–2024). Until official evidence of an active leak emerges, prioritize data-driven checks: exchange netflows to and from Crypto.com hot wallets, CRO funding rates and basis, and withdrawal processing times, using independent dashboards where possible. source: standard risk monitoring practices noted by analytics providers Glassnode and Nansen.