Crypto.com

2016-01-01

Crypto.com (then called Monaco) founded in Hong Kong by Kris Marszalek, Bobby Bao, Gary Or, and Rafael Melo.

2016-01-01

CEO Kris Marszalek's prior company Ensogo abruptly ceases operations, leaving merchants and staff with unpaid debts.

2018-07-01

Monaco rebrands to Crypto.com after acquiring the domain from Matt Blaze.

2020-08-03

Crypto.com announces discontinuation of MCO token and forced MCO-to-CRO swap at 1:27.64 ratio, triggering widespread community backlash.

2021-02-01

Crypto.com burns 70 billion CRO tokens in what it calls 'the largest token burn in history,' reducing total supply from 100 billion to 30 billion. Blog post later deleted.

2022-01-17

Crypto.com exchange hacked via 2FA bypass. 483 accounts compromised; 4,836.26 ETH, 443.93 BTC, and $66,200 in other assets stolen — approximately $34 million total.

2022-01-18

PeckShield reports at least 4,600 ETH from the hack being laundered through Tornado Cash in 100 ETH batches.

2022-01-20

Crypto.com publicly confirms hack details, launches WAPP (Worldwide Account Protection Program) with up to $250,000 reimbursement for qualifying users.

2022-08-08

U.S. Treasury OFAC sanctions Tornado Cash, citing its use to launder stolen crypto — including proceeds from the Crypto.com hack.

2022-10-06

Crypto.com lays off approximately 2,000 employees (30% of workforce) amid crypto market downturn.

2022-12-01

Crypto.com publishes Mazars proof-of-reserves report. Mazars later distances itself from the report citing incomplete accounting of liabilities.

2023-01-13

Crypto.com lays off approximately 20% of remaining workforce (around 490 employees) following the FTX collapse.

2023-01-01

Alleged Scattered Spider social engineering breach of Crypto.com employee credentials. Personal data of a small number of users reportedly exposed. Not publicly disclosed to affected users.

2024-01-01

Scattered Spider member Noah Urban arrested, charged in connection with breaches at 13 companies including alleged Crypto.com breach.

2024-10-01

Crypto.com files lawsuit against the SEC after receiving Wells notice indicating pending enforcement action.

2024-12-01

Crypto.com drops its lawsuit against the SEC.

2025-03-02

Crypto.com submits governance proposal on Cronos blockchain to reissue 70 billion previously burned CRO tokens. Community vote shows 77.97% against, but proposal passes due to Crypto.com-affiliated validators controlling ~70-80% of voting power.

2025-03-25

ZachXBT publicly accuses Crypto.com of CRO supply manipulation, calling the token reissuance 'no different from a scam' and conduct 'borderline fraud.'

2025-03-27

SEC formally closes its investigation into Crypto.com with no enforcement action filed.

2025-09-01

Bloomberg publishes investigation revealing Crypto.com's 2023 Scattered Spider data breach was not publicly disclosed to affected users.

2026-03-19

Crypto.com announces 12% workforce reduction citing enterprise AI integration pivot.