KuCoin CEO Says Suspects in $281M Hack Identified; Authorities on the Case

KuCoin CEO Johnny Lyu tweeted that the South Korean crypto change has came upon what he described as the “suspects” of ultimate month’s hack that resulted in the theft of $281 million in cryptocurrencies.

  • “After a thorough investigation, now we have came upon the suspects of the 9.26 #KuCoin Security Incident with mammoth proof at hand,” Lyu acknowledged in the tweet. “Regulation enforcement officers and police are formally wanting to resolve motion.”
  • As neatly as, Lyu acknowledged but any other $64 million of stolen sources have been recovered from “suspicious addresses,” bringing the total fee of recovered sources to $204 million since Oct. 1.

Leave a comment