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KuCoin stated it had known the suspect and now it has formally been passed over to regulation enforcement for investigation.

KuCoin CEO Johnny Lyu tweet on October 3; that the change now has really extensive proof figuring out who hacked the carrier on 26 September .

A handy guide a rough replace since my closing livestream on Sep .

After a radical investigation, we’ve got discovered the suspects of the 9. 26 # KuCoin Safety Incident with really extensive evidence to hand. Police officers and police are formally concerned to do so.

– lyu_johnny (@lyu_johnny) October 3, 2020

Lyu added that as of October 1, d

ith superb enhance from our trade companions, Asset $ 64 some other million is now out of doors the keep watch over of the suspicious cope with, bringing the full price to $ 204 million since October 1.

With nice enhance from our companions of the trade, some other $ 64 million in belongings are actually out of the keep watch over of the suspicious addresses, bringing the full price to $ 204 million since Oct 1.

– lyu_johnny (@lyu_johnny) October 3, 2020

The KuCoin hack used to be the primary main case of a decentralized change getting used to launder budget. This d is estimated to be round $ 728 million in stolen belongings.

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