Kucoin Official Twitter Account Hacked, Warning Suspicious Links

“Dear KuCoin users, We regret to inform you that our official Twitter account has been hacked, and we are taking steps to resolve this issue asap. While We work to resolve the issue, we strongly advise all users not to click on any suspicious links that may be shared through our account. We apologize for any inconvenience this may cause and thank you for your patience as we work to resolve this issue.”

It is reported that scammers have received $1,408 BTC and $4,945 eth so far through the scam wallet 1Ku1exc4CQ9wUG1Q53LurkmG9v28TgzEWt 0xd1cd69FCC79fC46B4BBe1AAF2a05F1f014F53965. Most recently, 4.21 eth was sent to scammers.

Previously, the 8th largest cryptocurrency exchange by trading volume recorded a hack that resulted in a loss of up to $289 million in September 2020. In February 2021, according to the CEO. The Kucoin team cooperated with other exchanges in the market as well as project partners to recover most of the stolen funds. Kucoin recovered $ 222 million, equivalent to 78% of the assets the hacker stole from the attack.

Following the hack, the Seychelles-based exchange decided to freeze all wallets and disable services. To date, the identity of the perpetrators behind the hack has not been found.

The exchange’s KCS token has dropped about 1.5% in the past 24 hours, currently trading at $8,0761.

24h KCS price chart. Source: CoinMarketCap

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