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KuCoin

Sep 29, 2020

$281M
Lost
$281M
Recovered
$0
Net loss
$281M
Unrecovered0% recovered

On September 25-26, 2020, attackers obtained the private keys to KuCoin's hot wallets and stole approximately $280 million. The Lazarus Group, working on behalf of North Korea, was attributed as the attacker.

KuCoin recovered $235 million (84%) through on-chain tracking, contract upgrades, and law enforcement cooperation.

Target
CEX
Classification
Key Compromise
Technique
Hot Wallet Key Compromised
Attribution
North Korea
Chains
Ethereum

Event timeline

  1. Sep 29, 2020
    Exploit executed — $281M drained via hot wallet key compromised
  2. Attributed to North Korea
  3. Recovery status Unrecovered 0%

Data credits

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