The bitcoins stolen from KuCoin passed through the ChipMixer mixer

The bitcoins stolen from KuCoin passed through the ChipMixer mixer

Hackers began moving bitcoins stolen from the KuCoin cryptocurrency exchange in September. This was reported by Elliptic analysts, writes The Block.

According to their information, some of the coins passed through the ChipMixer mixing service.

“425 out of 1008 stolen BTC are listed on the ChipMixer mixer. The movement of funds began on the morning of October 26,” the experts noted.

Source: Elliptic.

After transferring bitcoins, ChipMixer provides users with a similar number of chips that can be used for betting. If you win, their number doubles, or they go to the service. You can also donate chips.

The internal rules of the service do not allow you to find out the amount of winnings or losses.

Recall that at the end of September, KuCoin reported unauthorized withdrawal of funds from bitcoin hot wallets, ERC-20 tokens and others. The damage amounted to more than $280 million.

Later, the KuCoin exchange was able to identify the hacking suspects and block some of the stolen funds with the help of partners.

To withdraw funds, hackers used, among other things, the Uniswap exchange and the Tornado Cash mixer.