Crypto exchange Crypto.com has lost $36 million in CRO tokens as 250 million were moved to an unknown address. It remains unclear who is behind the transfer or why they have decided to withdraw such a large amount. Crypto.com struggles with security Crypto.com has faced repeated security concerns over the last year. In January, the platform suffered a hack that saw $33 million worth of Bitcoin stolen. The company also came under fire for its handling of a data breach that exposed the personal information of millions of customers. The value of CRO is falling The value of CRO has been in decline since the start of the year. The token has lost over 70% of its value in the last six months after it soared off the back of interest for its Visa card and Cronos blockchain. The CRO token price is currently trading at $0.14. The future of Crypto.com The future of Crypto.com is uncertain. The exchange is facing increasing competition from rivals such as Binance and Coinbase. The company will need to address its security concerns and find a way to boost the value of its CRO token if it wants to survive in the long term.

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