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KuCoin Hack Suspects Have Been Identified, Exchange Has Recovered $204 Million Worth Of Funds

Emily Mason

Summary: KuCoin announced that suspects have been identified in the case of the crypto exchanges $150 million hack and that law enforcement has been brought into the investigation. KuCoin CEO Johnny Lyu tweeted on Saturday, October 3 that the suspects had been identified and that the exchange had substantial proof that they were responsible for the ...

KuCoin announced that suspects have been identified in the case of the crypto exchanges $150 million hack and that law enforcement has been brought into the investigation.

KuCoin CEO Johnny Lyu tweeted on Saturday, October 3 that the suspects had been identified and that the exchange had substantial proof that they were responsible for the hack on Saturday, September 26.

So far the exchange has managed to recover $204 million worth of stolen assets from suspicious addresses, Lyu stated. The exchange is also opening back up with services for 31 tokens operational.

By Emily Mason

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Link: KuCoin Hack Suspects Have Been Identified, Exchange Has Recovered $204 Million Worth Of Funds   [Copy]
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