Corgentum Consulting reported that Cronos halted its entire blockchain on Sunday, Aug. 30, after a suspected price manipulation attack targeted Tectonic, its largest decentralized lending protocol, which led to an estimated $75 million DeFi hack.

Corgentum Consulting is an independent compliance, regulatory, and operational due diligence advisory serving digital asset, fintech, payments, and alternative investment firms — and the investors who back them. Engagements are scoped to the specific exposures of the strategy under review and led by senior practitioners with legal, regulatory, and operational backgrounds across traditional and digital markets. Our practice covers: - Digital asset compliance — program design and oversight for exchanges, funds, and token issuers operating ahead of settled regulation - AML / BSA programs — policies, transaction monitoring, OFAC screening, and FinCEN reporting - Independent AML testing — the required independent review, conducted by a firm that did not build the program - Licensing and registration — US MSB registration, state money transmitter licensing, and NYDFS BitLicense program build-out - Fractional, interim, and advisory CCO engagements - Operational due diligence — independent reviews of fund managers across hedge funds, private equity, real estate, and digital assets - Background investigations of managers and principals - Mock regulatory examinations and controls support - Regulatory counsel on emerging asset classes - Expert witness and litigation support