Derived from TechFlow, PeckShield reported on Dec. 26 that over $4 million of the stolen funds from the Trust Wallet hack have been transferred to centralized exchanges. Approximately $3.3 million flowed into ChangeNOW, $340,000 into FixedFloat, and $447,000 into KuCoin. Around $2.8 million in stolen assets remain in the hacker's wallet, spread across Bitcoin, EVM-compatible chains, and Solana.
Over $4M from Trust Wallet Hack Moved to CEXs, Including KuCoin
KuCoinFlashShare
Summary
KuCoin trust is under scrutiny as over $4 million from the Trust Wallet hack has been moved to centralized exchanges, including KuCoin. PeckShield reported that $3.3 million went to ChangeNOW, $340,000 to FixedFloat, and $447,000 to KuCoin. The hacker still holds around $2.8 million in Bitcoin, EVM-compatible chains, and Solana.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.