KuCoin Official Twitter Account Hacked;$22,000 worth of assets compromised.

April 24, 2023

As per KuCoin’s announcement on its Telegram channel, its official Twitter account has been hacked.

The attackers left a phishing site on their feed with which users are warned not to interact or send any funds.

The development team is taking measures to prevent the risk and regain access at the moment.

It is reported that scammers have received $1,408 BTC and $4,945 ETH so far through a scam wallet.

The exchange recorded a hack in September 2020 as well that resulted in a loss of up to $289 million.

However, the exchange was able to recover $222 million, equivalent to 78% of the compromised assets.

The exchange’s KCS token has dropped about 1.5% in the past 24 hours, currently trading at $8,0761.