KuCoin hackers keep moving stolen tokens to the largest DeFi exchange

cointelegraph.com
2 min read
fairly difficult
Are KuCoin hackers DeFi noobs indeed?
After a major hack at KuCoin cryptocurrency exchange, cybercriminals continue to move stolen crypto to decentralized exchanges, or DEXes.

According to data from crypto transaction tracking service Whale Alert, KuCoin hackers keep sending thousands of dollars worth of Synthetix Network Token (SNX) to Uniswap — the largest decentralized finance (DeFi) protocol by total value locked.

On Sept. 28, the hacker completed another batch of transactions moving stolen funds from KuCoin and to major DEX Uniswap. According to data from Whale Alert, the hackers sent at least $1.2 million worth of stolen SNX tokens to the DEX in a series of four transactions today.

Alongside using Uniswap to send stolen SNX tokens, KuCoin hackers also moved $5 million in Chainlink (LINK) and SNX to unknown…
Helen Partz
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