As the fallout
from the hack on its platform continues, KuCoin said it has identified
suspects and have now officially involved law enforcement in the
investigation. 

KuCoin CEO Johnny Lyu tweeted on Oct. 3 that the exchange now has substantial proof that identifies who hacked the service on Sept. 26. 

Lyu added
that as of Oct. 1, KuCoin has managed to wrestle another $64 million in
assets from suspicious addresses with the help of its partners in the
industry. This brings the total value of recovered assets to $204
million. 

The exchange is also slowly coming back to full
functionality, said Lyu, and has reopened deposit and withdrawals for 31
tokens. Services for BTC, ETH, and USDT will follow. 

The KuCoin hack is the first major case of a decentralized exchange being used to launder funds. It’s estimated that around $200 million in assets were stolen, but analysts fear more tokens could’ve been comprised.

source link : https://cointelegraph.com/news/kucoin-ceo-claims-hacking-suspects-identified