Crypto robber behind over $200 million theft, found

Crypto exchange, KuCoin has just recently found out the cyber robber behind the theft of over 200 million dollars.

CEO Johnny Lyu tweeted recently via a series of tweets, seen by Nairametrics saying,

“After a thorough investigation, we have found the suspects of the 9.26 KuCoin Security Incident with substantial proof at hand. Law enforcement officials and police are officially involved to take action.

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With great support from our partners of the industry, another $64 million in assets are now out of the control of the suspicious addresses, bringing the total value to $204 million since KuCoin is coming back to fully functional. My team and I will continue to do our best to offset the impact of the incident.

As of now, a total of 31 tokens have opened deposit & withdrawal services, and more tokens including $BTC, $ETH, and $USDT will follow. After the hack, crypto projects worked to freeze or render useless most of the assets. Many teams updated their blockchain to make this happen.”

Lyu said that $204 million worth of cryptocurrency, or 72% of the total hack, is “out of the control of the suspicious addresses.”

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Back story;

Recall Nairametrics about a week ago, broke the news on KuCoin Global CEO, Johnny Lyu talking about a reported hack in detail after private keys linked to crypto wallets got exposed and might have affected $150 million in user funds.

He added by saying the findings of the internal security audit report, revealed part of  Bitcoin, ERC-20, and other tokens in KuCoin’s hot wallets were transferred out of the crypto exchange, which contained few parts of the total assets holdings.

Read More: Crypto robber behind over $200 million theft, found

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