KuCoin resumes deposits, withdrawals for Bitcoin, Ether after recovering most of the $281M stolen by hackers

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A joint investigation with international law enforcement agencies

On September 30, KuCoin Global CEO Johnny Lyu emphasized and guaranteed that any user fund affected by the hacking incident will be “covered completely” by the cryptocurrency exchange and its “insurance fund.”

He also stated, “With top-notch tech capability, we have carried out a thorough investigation against the hacker’s attack path, and inch-by-inch search, now we have obtained substantial clues.”

Furthermore, Mr. Lyu said they are working with international law enforcement agencies in the investigation of the massive hacking of its KuCoin’s platform.

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