God Fish: The Crypto.com mistransfer incident is related to the sale of Ethereum fork tokens

ChainCatcher message, Shenyu responded to the incident of "Crypto.com mistakenly transferring 285,000 ETH to Gate," stating that the mistaken transfer was intended for selling Ethereum fork tokens on the Gate platform, which had been added to the whitelist but had not yet been bound to the currency.

Previously, Twitter user @jconorgrogan posted that a related address of Crypto.com had transferred approximately 285,000 ETH to the trading platform Gate in October, and a few days later, Gate returned it to another address of Crypto.com. However, both addresses subsequently appeared on the list of cold wallet addresses for offline storage of user assets published by Crypto.com.

Later, Crypto.com CEO Kris stated, "This should be a new cold wallet address, but it was sent to a whitelisted external exchange address. We worked with the Gate team, and the funds were subsequently returned to our cold wallet. To prevent this from happening again, we have implemented new processes and features." Binance CEO CZ also responded, stating that this is not safe. (Source link)