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

kucoin-ceo-says-suspects-in-$281m-hack-identified;-authorities-on-the-case

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

  • “After a thorough investigation, we have found the suspects of the 9.26 #KuCoin Security Incident with substantial proof at hand,” Lyu said in the tweet. “Law enforcement officials and police are officially involved to take action.”
  • In addition, Lyu said another $64 million of stolen assets have been recovered from “suspicious addresses,” bringing the total value of recovered assets to $204 million since Oct. 1.

https://www.coindesk.com/kucoin-ceo-says-perpetrators-of-281m-hack-identified-authorities-on-the-case

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