KuCoin: 84% of $281 Million Recovered

Following a $281 million hack in September 2020, KuCoin successfully recovered 84% of the stolen assets through coordinated efforts with other exchanges and law enforcement, with the remaining 16% covered by its insurance fund.

Sources

• The KuCoin Hack: What We Know So Far and How the Hackers are Using DeFi Protocols to Launder Stolen Funds - Chainalysis
• KuCoin Suffers $281 Million Hack - Distributed Networks Institute
• How KuCoin Survived a Massive KuCoin Hack of $285M Worth of Crypto Assets - CryptoSec

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