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RE: Kucoin hacker's addresses have been identified
Dear @munawar1235
Finally I found some time to catch up with previously bookmarked posts. Solid read.
I've used Kucoing in the past and somehow I never knew that they were based in Singapore. Interesting info.
Kucoin’s CEO Johnny Lyu has promised that all stolen coins will be reimbursed to affected users from Insurance and reserved funds.
That doesn't sound rightto me. I wonder if Kucoin does have such a huge reserves to cover those losses. Or perhaps they will use funds, which do not belong to them (deposited by their customers).
Have a great upcoming weekend :)
Yours, Piotr