Cryptocurrency exchange KuCoin managed to identify bad actors that stole approximately $280 million in various cryptocurrencies, the exchange's head Johnny Lyu wrote on Twitter.
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According to Lyu, KuCoin has found the suspects "after a thorough investigation."
However, Lyu declined to clarify who exactly were responsible for the losses.
KuCoin CEO also says another $64 million in cryptocurrencies are now out of the control of the suspicious addresses, bringing the total value to $204 million since Oct 1.
iHodl earlier reported that KuCoin had detected large withdrawals since September 26, 2020, at 03:05:37 (UTC+8).
According to an official blog post, the hackers managed to steal part of bitcoin (EXANTE: Bitcoin), ERC-20 and other tokens from KuCoin’s hot wallets. The exchange claims the assets in its cold wallets "are safe and unharmed, and hot wallets have been re-deployed."
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